600 W Wythe St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
600 W Wythe St
277,408 SF 100% Leased Industrial Building Petersburg, VA 23803 For Sale
Investment Highlights
- Richmond, VA MSA with immediate access to I-95 and I-85
- Located in Virginia’s gateway region, an east coast hub for advanced pharma manufacturing
- Enterprise Zone location
- Minutes from Fort Lee, which supports approximately 70,000 people off post and has a $2+ billion economic impact regionally
- Walkable to restaurants, breweries, and outdoor entertainment
- Excellent opportunity to blend historic and low income housing tax credits
Executive Summary
PROPERTY INFO
-255,000 sq. ft. surface parked historic warehouse
-Residential PUD (Planned Unit Development) Zoning
-Eligible for state and federal tax credits
-Historic designations in hand
SUBMARKET METRICS
-Multifamily sales in Petersburg have grown 3x over the several years
-Submarket pricing has increased by nearly $50,000 per unit since 2017
-Rent growth and occupancy have tracked those of Richmond proper
-Limited development pipeline supports healthy absorption
-255,000 sq. ft. surface parked historic warehouse
-Residential PUD (Planned Unit Development) Zoning
-Eligible for state and federal tax credits
-Historic designations in hand
SUBMARKET METRICS
-Multifamily sales in Petersburg have grown 3x over the several years
-Submarket pricing has increased by nearly $50,000 per unit since 2017
-Rent growth and occupancy have tracked those of Richmond proper
-Limited development pipeline supports healthy absorption
Data Room Click Here to Access
- Market Information
- Operating and Financials
- Third Party Reports
- Miscellaneous
Property Facts
| Sale Type | Investment | Number of Floors | 4 |
| Property Type | Industrial | Year Built/Renovated | 1903/2009 |
| Property Subtype | Warehouse | Parking Ratio | 0.14/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 10 |
| Lot Size | 5.03 AC | Level Access Doors | 1 |
| Rentable Building Area | 277,408 SF |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.03 AC |
| Rentable Building Area | 277,408 SF |
| Number of Floors | 4 |
| Year Built/Renovated | 1903/2009 |
| Parking Ratio | 0.14/1,000 SF |
| No. Dock-High Doors/Loading | 10 |
| Level Access Doors | 1 |
Amenities
- Bus Route
- Fenced Lot
1 of 1
PROPERTY TAXES
| Parcel Number | 023-30-0005 | Improvements Assessment | £2,251,894 |
| Land Assessment | £178,334 | Total Assessment | £2,430,228 |
PROPERTY TAXES
Parcel Number
023-30-0005
Land Assessment
£178,334
Improvements Assessment
£2,251,894
Total Assessment
£2,430,228
zoning
| Zoning Code | Residential PUD (Planned Unit Development) |
| Residential PUD (Planned Unit Development) |
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
600 W Wythe St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.