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5 Holly Hill Dr

3,249 SF Retail Building Petersburg, VA 23805 $525,000 ($162/SF) 6.02% Cap Rate

Retail Space Virginia Petersburg 5 Holly Hill Dr, Petersburg, VA 23805

Executive Summary

Currently earning 6% cap rate at 45% occupancy.

Attachments

For Sale 5 Holly Hill Dr Petersburg Brochure

Data Room Click Here to Access

  • Offering Memorandum

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,249 SF
Building Class
C
Year Built
1967
Price
$525,000
Price Per SF
$162
Cap Rate
6.02%
NOI
$31,625
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.70 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-2 - Business
Parking
18 Spaces (5.54 Spaces per 1,000 SF Leased)
1 of 1

Nearby Major Retailers

Food Lion
Bank of America

PROPERTY TAXES

Parcel Number 065010001 Total Assessment $289,900 (2024)
Land Assessment $89,400 (2024) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $200,500 (2024) Tax Year 2023

PROPERTY TAXES

Parcel Number
065010001
Land Assessment
$89,400 (2024)
Improvements Assessment
$200,500 (2024)
Total Assessment
$289,900 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
(804) 967-2725

Contact

  • Listing ID: 32640463

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 5 Holly Hill Dr, Petersburg, VA 23805

More public record information on 5 Holly Hill Dr, Petersburg, VA 23805

The Retail Property at 5 Holly Hill Dr, Petersburg, VA 23805 is currently available for sale. Contact Joyner Commercial for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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5 Holly Hill Dr
(804) 967-2725 x

5 Holly Hill Dr

Zachary Robbins

(804) 967-2725

(804) 967-2725

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