Property profile

1214 Westover Hls Blvd Richmond, VA 23225

OFF-MARKET
Drug stores
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Property ID
US87-0609227
13,639 SF 1.88 ac Built 1998
Last sale Oct 2014·$4,245,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a fee-simple, single-tenant drugstore retail building leased to Walgreens, configured with a drive-through lane that supports in-store and pickup activity. The building provides direct access from both intersecting thoroughfares and occupies a retail site positioned at the signalized intersection of Forrest Hill Avenue and Westover Hills Boulevard in Richmond, Virginia. Reported traffic counts are 34,000 VPD on Forrest Hill Avenue and 16,000 VPD on Westover Hills Boulevard, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$3.38M
Assessed land$1.67M
Assessed improvement$1.71M
Effective rate0.00%

Value estimate

· Nov 2026
$2.24M
$2.02M – $2.46M
CAP approach$2.29M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$144/SF
Submarket average, outlier-cleaned · 175 recorded sales of this use type
Observed band · Q1–Q3$83 – $232

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2-POD BUS. COMM. DEV. PO
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office31.9
Restaurant31.5
Law Firm28.5

Location

1214 Westover Hls Blvd Richmond, VA 23225-4434
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5400 Midlothian, Richmond, VA 23225-6110 $1,700,000 Mar 2025 29,920 SF
5515 Midlothian, Richmond, VA 23225-6111 $430,000 Jan 2024 8,000 SF
6130 Midlothian, Richmond, VA 23225-5922 $2,850,000 Jan 2024 28,600 SF
5035 Frst Hl, Richmond, VA 23225-3147 $2,620,000 Mar 2023 14,264 SF
6011 Midlothian, Richmond, VA 23225-5919 $685,000 Dec 2022 6,000 SF
104 Agency, Richmond, VA 23225-6102 $850,000 Apr 2019 6,185 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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