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    Richmond, VA Roanoke, VA Fredericksburg, VA
    Petersburg Retail Center on Crater
    Updated: Mar 4
    Petersburg Retail Center on Crater

    2825 S Crater Rd, Petersburg, VA 23805

    $1,300,000
    10,578 sqft
    High‑visibility location on S Crater Road with excellent frontage and signage opportunities.
    Located less than a mile from the future Live! Casino & Hotel Virginia and near Fort Gregg‑Adams, benefiting from strong daytime population and workforce density.
    Versatile five‑bay layout suitable for retail, restaurant, personal service, office, and medical office uses.
    Opportunity Zone location offering potential tax benefits.
    Currently 50% leased, providing immediate income with upside potential through lease‑up.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2825 S Crater Rd, Petersburg, VA 23805

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $115K
      Annual

    • Price @ 7% Cap

      $1.65M
      Above asking

    • Property Type

      Commercial (General)
      Built 1994
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Petersburg County, VA, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hanover Land For Sale
    Hanover Land For Sale

    Atlee Station Road, Hanover, VA 23003

    $1,074,200
    8.77 AC lot

    Commercial land in a convenient location near amenities.

    View details
    Emporia Commercial Land Opportunity
    Emporia Commercial Land Opportunity

    Commonwealth Blvd, Emporia, VA 23847

    $245,000
    9.83 AC lot

    9.83 acres of cleared, flat commercial land for sale.

    View details
    Cleared Land Near Highway Ramp
    Cleared Land Near Highway Ramp

    Commonwealth Blvd, Emporia, VA 23847

    $245,000
    9.83 AC lot

    9.83 acres of commercial land visible from highway.

    View details
    South Hill Commercial Opportunity
    South Hill Commercial Opportunity

    N Mecklenburg Avenue, South Hill, VA 23970

    $3,500,000
    110.70 AC lot

    Commercial land with road frontage near Interstate 85 and VCU-CMH.

    View details

    Petersburg County, VA Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Petersburg County, VA on our real estate platform. These investment opportunities span a total of 10,578 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for plazas in Petersburg County, VA start at $1,300,000, averaging $1,300,000, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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