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$730,000   Price Analysis
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1005 Westover Hills Blvd
Richmond, VA 23225
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.24 acre lot.
Listed 2024-04-19, Taxes $1,236
Ⓧ USDA Ineligible
due to property

near Richmond

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

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 develpment process. Enjoy the convenience of being within walking distance to popular local spots like Little Nickel, Stellas Grocery, The Veil Brewing Co. and Blanchards Coffee, as well as being close to the picturesque James River. Don't miss out on this pr ime opportunity to invest in one of Richmond's most popular neighborhoods!


Presented by Jenny Maraghy at
Compass.
Listing Agent Photo

Property MLS #2409563 from CVRMLS

Total Bathrooms: 0

Fencing: Fenced
Frontage Type: GolfCourse
Road Surface Type: Concrete, Paved

Lot Description: Buildable, Cleared, CornerLot, Level, Undeveloped
Lot Size Acres: 0.2354
Lot Size Square Feet: 10254

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Westover Hills
High School: Huguenot
Middle School: Lucille Brown

Westover Hills Elementary School is a public elementary school located approximately 0.3 miles away.
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Open High School is a public high school located approximately 2.4 miles away.
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River City Middle is a public middle school located approximately 2.8 miles away.
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Lynnhaven Academy is a private middle and high school located approximately 0.1 miles away.
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Lynnhaven Academy is a private middle and high school located approximately 0.1 miles away.
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Annual Tax Amount: 1236
Source Listing Status: Active
County: Richmond City
Directions: Westover Hills Blvd at Dunston Ave.
Tax Year: 2023
Source Property Type: Land
Possible Use: MultiFamily, Office, Retail
Source Neighborhood: Forest Hill Terrace
Ownership Type: Corporation
Parcel Number: S006-0371-001
Postal City: Richmond
Subdivision: Forest Hill Terrace
Zoning Description: R-5
Property Subtype: UnimprovedLand
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $103,000
$103,000
$1,236
2022$unknown + $35,000
$35,000
$420
2021$unknown + $35,000
$35,000
$420
2020$unknown + $35,000
$35,000
$420
2019$unknown + $35,000
$35,000
$210
2018$unknown + $35,000
$35,000
$420
2017$unknown + $35,000
$35,000
$420
2016$unknown + $35,000
$35,000
$420
2015$unknown + $35,000
$35,000
$420
2014$unknown + $35,000
$35,000
$420
2013$unknown + $35,000
$35,000
$420
2011$unknown + $35,000
$35,000
$420
2010$unknown + $35,000
$35,000
$4,200
2009$unknown + $35,000
$35,000
$420
2009$unknown + $35,000
$35,000
$420
2008$unknown + $35,000
$35,000
$420

Listed 2024-04-19
$730,000
CVRMLS
Sold 2021-10-12
$550,000
Public Record
Sold 2019-12-16
$72,000
CVRMLS
Listing removed 2019-07-01
$0
CVRMLS
Price Changed 2019-04-25
$99,990
CVRMLS
Listed 2019-03-30
$109,000
CVRMLS

Sewer: PublicSewer
NaturalGasAvailable
ElectricityAvailable
Water Source: NotConnectednearby, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.