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    Property profile & analytics

    2409 Westwood Ave Richmond, VA 23230-4013

    • Retail space
    • 15,216 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 25, 2022
    Location Intelligence
    Property ID
    US87-1320162
    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

    • Elephants and Giraffes Children's Boutique / Children'S Clothing Store / Clothing Store
    • ConsignRVA / Consignment Shop / Furniture Store

    Property Details for 2409 Westwood Ave

    Year built
    1967
    Lot size
    0.70 lot acres
    Property size
    15,216 SF
    Zone code
    M-1
    Property type
    Retail space
    APN
    778-734-1536
    APU
    7787341536

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4811
    Latitude
    37.5746
    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
    2023
    $8,097
    $228,700
    $723,900
    $952,600
    -
    $228,700
    $723,900
    $952,600

    Comparable in this City

    • Value Estimation by Request
      19,673 SF

      2811 Marshall St

      RETAIL STORES (PERSONAL SERVICES) • 19,673 SF
      2811 Marshall St, Richmond, VA 23230
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    • Value Estimation by Request
      10,780 SF

      1202 Arthur Ashe Blvd

      RETAIL STORES (PERSONAL SERVICES) • 10,780 SF
      1202 Arthur Ashe Blvd, Richmond, VA 23230-4520
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    • Value Estimation
      $645,000
      9,753 SF

      3317 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 9,753 SF
      3317 Broad St, Richmond, VA 23230-5007
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    • Value Estimation by Request
      4,550 SF

      1051 Wayne St

      RETAIL STORES (PERSONAL SERVICES) • 4,550 SF
      1051 Wayne St, Richmond, VA 23230
      View Details
    • Value Estimation
      $195,000
      1,639 SF

      1313 Altamont Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,639 SF
      1313 Altamont Ave, Richmond, VA 23230-4713
      View Details
    • Value Estimation
      $180,000
      2,174 SF

      4120 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 2,174 SF
      4120 Broad St, Richmond, VA 23230-3302
      View Details

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    Similar Nearby for Lease

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      Prime Richmond Retail Space

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    2409 Westwood Ave
    Richmond, VA 23230-4013
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    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
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