Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1 Westover Hls Blvd Richmond, VA 23225-6359

    • Grocery and convenience stores
    • 1,012 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Last Sale
    Feb 14, 2022
    $550,000
    Location Intelligence
    Property ID
    US87-0823896
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1 Westover Hls Blvd

    Year built
    1989
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.32 lot acres
    Property size
    1,012 SF
    Zone code
    B-3 GENERAL BUSINESS
    Property type
    Grocery and convenience stores
    APN
    C-005-1049-006
    APU
    C0051049006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $580,000
      6.5%
      $540,000
      7%
      $505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $475,000
      Mixed-Use
      $465,000
      Hospitality
      $560,000
      Educational
      $585,000
      Residential Income
      $450,000
      Energy
      $540,000
      Income-Based Land
      $585,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4867
    Latitude
    37.5096
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $20
    $71,000
    $263,000
    $334,000
    -
    $71,000
    $263,000
    $334,000

    Comparable in this City

    • Value Estimation by Request
      3,040 SF

      6333 Midlothian Tpke

      CONVENIENCE STORE (W/FUEL PUMP) • 3,040 SF
      6333 Midlothian Tpke, Richmond, VA 23225-5707
      View Details
    • Value Estimation by Request
      2,500 SF

      6600 Midlothian Tpke

      CONVENIENCE STORE (W/FUEL PUMP) • 2,500 SF
      6600 Midlothian Tpke, Richmond, VA 23225-5613
      View Details
    • Value Estimation by Request
      6,044 SF

      2911 Hathaway Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 6,044 SF
      2911 Hathaway Rd, Richmond, VA 23225-1723
      View Details
    • Value Estimation
      $485,000
      714 SF

      1 Westover Hills Blvd, Unit A

      CONVENIENCE STORE (W/FUEL PUMP) • 714 SF
      1 Westover Hills Blvd, Richmond, VA 23225-6359
      View Details
    • Value Estimation by Request
      2,400 SF

      7500 Frst Hl Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 2,400 SF
      7500 Frst Hl Ave, Richmond, VA 23225-1530
      View Details
    • Value Estimation
      $2,975,000
      2,592 SF

      6824 Frst Hl Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 2,592 SF
      6824 Frst Hl Ave, Richmond, VA 23225-1604
      View Details

    Similar Nearby for Sale

    • $1,725,000
      1,900 SF

      Gas Station and Convenience Store

      1,900 SF gas/convenience store on approximately 1.66 acres.
      2000 Semmes Ave, Richmond, VA 23225
      View Details
    • $598,000
      3,928 SF

      Retail Building with Restaurant Space

      Multi-tenant retail building with redevelopment opportunity and restaurant space.
      1205 Westover Hills Blvd, Richmond, VA 23225
      View Details
    • $2,500,000
      1,175 SF

      Retail Space Near Major Retailers

      Retail space with high visibility, located near major retailers.
      7340 Forest Hill Ave, Richmond, VA 23225
      View Details
    • $1,100,000
      Pending

      Richmond Commercial Investment Opportunity

      Commercial property in Richmond, VA with tenant in place.
      7036 Forest Hill Ave, Richmond, VA 23225
      View Details
    • Contact for pricing
      5,394 SF

      Turnkey Automotive Property on Turnpike

      5,394 SF building on 0.865 acres with C-5 zoning.
      7530 Midlothian Tpke, Richmond, VA 23225
      View Details
    • Contact for pricing
      184,324 SF

      Established Retail Center For Sale

      Fully leased retail center adjacent to mixed-use development.
      7413 Midlothian Tpke, North Chesterfield, VA 23225
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      13,500 SF

      Church Hill Retail Opportunity

      Centrally located retail/restaurant space in Richmond's Church Hill neighborhood.
      520 N 25Th St, Richmond, VA 23225
      View Details
    • $14 SF/Yr
      2,482 SF

      Retail Space on Forest Hill

      Retail space available for lease on Forest Hill Avenue.
      5035 Forest Hill Ave, Richmond, VA 23225
      View Details
    • Contact for pricing
      213,950 SF

      Haynes Plaza Retail Spaces Available

      Richmond, VA retail spaces, 2,500-6,250 sq ft.
      6504-6550 Hull Street Rd, Richmond, VA 23225
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space Near Park

      Retail space available 10/1/2025, adjacent to park, strong residential demographics.
      1200 Westover Hills Blvd, Richmond, VA 23225
      View Details
    • $30 SF/Yr
      6,100 SF

      Retail Space in Richmond, VA

      Retail spaces available with excellent visibility and access.
      7009 Forest Hill Ave, Richmond, VA 23225
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Walmart Supercenter

      Inline retail space available near Chippenham Parkway and Forest Hill.
      2545-2557 Sheila Ln, Richmond, VA 23225
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Westover Hls Blvd
    Richmond, VA 23225-6359
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.