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306 Walnut Street, Petersburg, VA 23803

None · Petersburg County

Key Facts

0.38Lot (acres)

Description

Seeking future growth opportunities for builders and contractors. Vacant unimproved vacant lot, with 150 frontage road front and 108 feet deep. Giving potential buyers the ability to survey and seek two or three possible single family home lots. Due diligence will be required and also will need to have water and sewer for the future build. Excellent way for builders to build side by side homes, saving on logistics and possible costs. This is an opportunity for growth, and a adventitious opportunity to start and or build property​​‌​​​​‌​‌​​​​‌​​‌​​​​‌‌ portfolio.

Property Information

Property Type

Land

Lot Size

0.38 acres

Ownership

Individuals

Days on Market

135

MLS® Listing#

2602539

Property Features

Fencing

None

Utilities

Natural Gas Not AvailableSewer Not Available

Sewer

None

Water Source

None

Schools

Elementary:
Cool Spring
Middle:
Vernon Johns
High:
Petersburg

Financial Details

Annual Taxes

$14

Tax year 2023

Assessed Value

$9,100

Parcel Number

044-230005

Directions

From I-95, take the exit 52 towards Wythe St. Turn onto Wythe, then right on Walnut St. Continue to 306 Walnut St. Lot on the left. Look for nearby residential homes and possible marketing signs.

Affordability Calculator

$15,990

Estimated monthly payment

$426/mo

Principal $63,960 · Est. interest $89,230 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Petersburg, VA

$274,528
Median Listing Price
39
Median Days on Market
1,610
Median Sq Ft
$171
Median Price / Sq Ft
149
Active Listings
  • This home’s price is 71% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Petersburg, VA.

Location

Map showing the location of 306 Walnut Street, Petersburg, VA 23803

Points of Interest in Petersburg, VA

Showing the Petersburg area map.

Nearby Schools

  • Peabody Middle School

    Elementary · 0.6 mi away

  • Westview Early Childhood Education Center

    School · 0.9 mi away

  • Appomattox Regional Governor's School

    Secondary · 1.1 mi away

  • Walnut Hill Elementary School

    Elementary · 1.2 mi away

  • Communities in Schools - Petersburg

    School · 1.3 mi away

  • Albc School

    School · 1.3 mi away

  • Petersburg City Public Schools

    School · 1.3 mi away

  • Saint Joseph Catholic School

    Elementary · 1.3 mi away

  • Pleasants Lane Elementary School

    Elementary · 1.5 mi away

  • Vernon Johns Middle School

    Secondary · 1.7 mi away

  • Wiz Kidz Learning Center

    School · 1.7 mi away

  • Petersburg High School

    Secondary · 1.7 mi away

  • Colonial Heights Public Schools

    School · 2.2 mi away

  • Ettrick Elementary School

    Elementary · 2.3 mi away

  • Billups T&C

    School · 2.5 mi away

  • Robert E Lee Elementary School

    Elementary · 2.5 mi away

  • Lakemont Elementary School

    Elementary · 2.5 mi away

  • Colonial Heights Middle School

    Secondary · 2.5 mi away

  • Goodforkidz

    School · 2.5 mi away

  • Robert A Lewis Christian School

    School · 2.8 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
626 Gilliam Street, Petersburg, VA$80,000
1219 Melville Street, Petersburg, VA$90,000311,488

Moving Cost Estimate

EXIT Agents in Petersburg

Central Virginia Regional MLS logo

Listing Courtesy: Weichert Brockwell & Associate - 8045180500

Presented by: Kenneth Byers

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2026 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.

Last Updated: 2026-02-03

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralVirginiaRegionalMls. MLS® Listing#2602539. © 2026EXIT Realty®. All rights reserved.