16600 Sunnybrook Road

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16600 Sunnybrook Road

Petersburg, VA 23805
Asking Price
$2.70M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The subject property is located at 16600 Sunnybrook Road, Petersburg, Virginia.
  • This land parcel is currently listed for sale at 2,700,000 dollars.
  • The site is situated within the active and developing 23805 zip code area.
  • Strategic location supports potential industrial or commercial expansion and development projects.
  • The property location is defined by coordinates 37.0836 latitude and -77.3595 longitude.

What's Special

For sale, this land parcel at 16600 Sunnybrook Road in Petersburg, Virginia, represents a significant development prospect for investors and commercial builders. Situated in a region with robust connectivity to major regional transit corridors, the site benefits from the growth trends seen across the Petersburg market. The asset serves as a canvas for various industrial or commercial applications, offering sufficient scale for projects requiring substantial acreage. Its positioning within the 23805 zip code aligns it with ongoing economic development efforts in the area, providing a foundation for long-term hold strategies or immediate ground-up construction. Prospective buyers may consider site-specific zoning requirements to maximize the utility of the plot for logistical operations, manufacturing, or commercial expansion. This land offers a pragmatic entry point for parties looking to establish a presence within a stable and expanding submarket in the Commonwealth of Virginia.

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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522

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