1005 Westover Hills Boulevard

Richmond, VA 23225

$730,000
Price
10,254 / 0.24
Lot Size / Acres

Description

Welcome to your opportunity to expand your portfolio with 8-12 condos or apartments coupled with commercial space in the highly sought-after Forest Hill area, just a block off Forest Hill Avenue. This versatile property offers the flexibility to either build a mixed-use development or bring your unique vision to life. Imagine the potential of an owner-occupied commercial space on the ground floor, complemented by rental income from the residences above. With plans already in place for commercial...Welcome to your opportunity to expand your portfolio with 8-12 condos or apartments coupled with commercial space in the highly sought-after Forest Hill area, just a block off Forest Hill Avenue. This versatile property offers the flexibility to either build a mixed-use development or bring your unique vision to life. Imagine the potential of an owner-occupied commercial space on the ground floor, complemented by rental income from the residences above. With plans already in place for commercial on the ground floor and two-story condos or apartments, you can hit the ground running. Plus, with the special use permit (SUP) already approved, you can streamline the development process. Enjoy the convenience of being within walking distance to popular local spots like Little Nickel, Stella’s Grocery, The Veil Brewing Co., and Blanchard’s Coffee, as well as being close to the picturesque James River. Don't miss out on this prime opportunity to invest in one of Richmond's most popular neighborhoods!

Listing Agent

  1. Jenny Maraghy

    Jenny Maraghy

    Listing Agent

    Compass

Property Details for 1005 Westover Hills Boulevard

Subdivision Name
Forest Hill Terrace
Waterfront
No

Location

Add your commute
LISTING UPDATED: 04/19/2024 04:02 PM

Property Details for 1005 Westover Hills Boulevard

StatusActive
MLS #2409563
Days on Market15
Taxes$1,236 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.24 AC
CountyRichmond city

Location

Add your commute

Building Information for 1005 Westover Hills Boulevard

Lot Size0.24 AC

Payment Calculator

$4,087 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,984

Property Taxes

$103

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1005 Westover Hills Boulevard

Summary
Location and General Information
  • City: Richmond
  • County Or Parish: Richmond City
  • Directions: Westover Hills Blvd at Dunston Ave.
  • Latitude: 37.518925
  • Longitude: -77.488547
  • Postal City: Richmond
  • Postal Code: 23225
  • State Or Province: VA
  • Unparsed Address: 1005 Westover Hills Blvd
  • Zoning Description: R-5
Taxes and HOA Information
  • Parcel Number: S006-0371-001
  • Tax Annual Amount: $1,236.00
  • Tax Assessed Value: $103,000.00
  • Tax Legal Description: FOREST HILL TER L1 B12 0191.67X0119.27 IRG0000.000
  • Tax Lot: 1
  • Tax Year: 2023
School Information
  • Elementary School: Westover Hills
  • High School: Huguenot
  • Middle Or Junior School: Lucille Brown
Property
Lot Information
  • Frontage Type: Golf Course
  • Lot Features: Buildable, Cleared, Corner Lot, Level, Undeveloped
  • Lot Size Acres: 0.2354
  • Lot Size Area: 0.2354
  • Lot Size Units: Acres
  • Possible Use: Multi Family, Office, Retail
Property and Assessments
  • Type of Property: Land
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Road Surface Type: Concrete, Paved
  • C L I P: 9,188,054,716
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Not Connectednearby, Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced, None
Interior Features
  • Basement Y N: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1005 Westover Hills Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1005 Westover Hills Boulevard

Taxable ValueLand$103,000Additions-Total$103,000
Tax Record2020$420 ($35 / month)
Home Facts
Beds0Lot Size10,252 SqFtStyleResidentialZoningR-5 SINGLE FACountyRICHMOND CITYAPNS-006-0371-001

Schools near 1005 Westover Hills Boulevard

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Westover Hills Elementary School
PublicPK to 5

River City Middle
Public6 to 8

Huguenot High School
Public9 to 12

Open High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1005 Westover Hills Boulevard is a 0.24 ac of land for sale in Richmond, VA 23225. This property was listed for sale on April 18, 2024 by Compass, it's currently listed at $730,000. It has been on the market for a total of 15 days and was last sold on September 4, 2021. This listing's school district is Richmond City Public Schools. Nearby schools include Westover Hills Elementary School, River City Middle and Huguenot High School. 1005 Westover Hills Boulevard is a 0-bed, 0-bath, 0.24 ac of land on a 10,254 sq. ft. / 0.24 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.