Entitled Mixed-Use Development
1005 Westover Hills Boulevard, Richmond, VA 23225
For Sale
$650,000
Approved plans call for commercial and residential space with parking, elevator access, and outdoor patios.
Property SizeContact for details
Days on Market103
Property Features for 1005 Westover Hills Boulevard
General Information
Standard status
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Real Broker LLC
Listed By:
David Gaulden
(804) 869-3059
Source:
Riverfoxrealty
Added: Aug 4
Changed: Oct 26
Last Checked: Oct 6 at 12:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC
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Investment Insights
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This mixed-use development site at 1005 Westover Hills Boulevard is supported by an approved Special Use Permit for a three-story building. The approved concept includes approximately 4,500 square feet of ground-floor commercial space and up to 12 residential units, along with dedicated off-street parking, elevator service, outdoor patio areas, and commercial frontage along Westover Hills Boulevard.
The property lies within Richmond’s Westover Hills Neighborhood Node and carries a Community Mixed-Use designation under the Richmond 300 Master Plan. The commercial component may be pre-leased on an NNN basis, and the approved commercial space is described as suitable for a range of users, including medical office operations. The site is offered as a development opportunity with the principal use approvals already in place.
The property lies within Richmond’s Westover Hills Neighborhood Node and carries a Community Mixed-Use designation under the Richmond 300 Master Plan. The commercial component may be pre-leased on an NNN basis, and the approved commercial space is described as suitable for a range of users, including medical office operations. The site is offered as a development opportunity with the principal use approvals already in place.
Key Highlights
- Approved Special Use Permit for a three‑story mixed‑use building
- Approximately 4,500 square feet of ground‑floor commercial space
- Up to 12 residential units planned above the commercial component
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Location Intelligence
Trade Area within ½ mile
402
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Demographics for 23225, VA
40,876
Population
21,545
Households
1.9
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
2,941
Density / Sq Mi
$60,865
Median Household Income
$43,550
Median Earnings
$1,311
Median Rent
$292,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Approved plans call for commercial and residential space with parking, elevator access, and outdoor patios.
Where is this mixed-use property located?
The property is located at 1005 Westover Hills Boulevard Richmond, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approved Special Use Permit for a three‑story mixed‑use building; Approximately 4,500 square feet of ground‑floor commercial space; Up to 12 residential units planned above the commercial component
