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1005 Westover Hills blvd
0.24 Acres of Commercial Land Offered at £548,355 in Richmond, VA 23225
Investment Highlights
- Heavy Daytime Traffic
- Multiple Options
- Close to local attractions
Executive Summary
Property Facts
Price | £548,355 | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
No. Lots | 1 | Total Lot Size | 0.24 AC |
Property Type | Land |
Price | £548,355 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Mixed Use |
Total Lot Size | 0.24 AC |
1 Lot Available
Lot 1
Price | £548,355 | Lot Size | 0.24 AC |
Price Per AC | £2,333,425 |
Price | £548,355 |
Price Per AC | £2,333,425 |
Lot Size | 0.24 AC |
Level
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 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!
PROPERTY TAXES
Parcel Number | S006-0371-001 | Improvements Assessment | £0 |
Land Assessment | £81,267 | Total Assessment | £81,267 |
PROPERTY TAXES
zoning
Zoning Code | R-5 (Multi-Family Vacant R43 & R48) |
R-5 (Multi-Family Vacant R43 & R48) |
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1005 Westover Hills blvd
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