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    Richmond, VA Assisted Living Facilities for Sale

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    Senior Housing Development Land Condo
    Updated: Mar 13, 2025
    Senior Housing Development Land Condo

    7098 Fernwood Street, Richmond, VA 23228

    $1,900,000
    Land condo within the existing Acclaim at Carriage Hill senior housing community, positioned for expansion.
    Development opportunity to add 125 assisted living units within Carriage Hill.
    Restrictions: no more than 31 units can be independent living; any or all units can be memory care.
    Site is owned as a land condo within the existing development.
    Potential for townhouse development with rezoning if units are converted to condo (would require condominium regime).
    View details
    See what stands out in Richmond City County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 1 Active listings in Richmond, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Assisted Living Facility For Sale
    Former Assisted Living Facility For Sale

    218 Mill Rd, Woodstock, VA 22664

    $985,000
    8,608 sqft

    Former assisted living facility in Woodstock, VA, suitable for redevelopment.

    View details
    Silver Spring Rehabilitation Center Opportunity
    Silver Spring Rehabilitation Center Opportunity

    2601 Bel Pre Road, Silver Spring, MD 20906

    $7,500,000
    30,000 sqft

    30,000 SF former health & rehabilitation center on 3.82 acres.

    View details
    Residential Style Renovated Property
    Residential Style Renovated Property

    711 Lamberton Dr, Silver Spring, MD 20902

    Contact for pricing
    3,302 sqft

    Renovated residential-style property suitable for various uses.

    View details
    Former Assisted Living Facility
    Former Assisted Living Facility

    218 Mill Road, Woodstock, VA 22664

    $985,000
    8,600 sqft 1.40 AC lot

    Investment opportunity in Woodstock, VA. Turn-key facility.

    View details

    Off-Market Properties in Richmond, VA

    Consider similar Off-Market properties in Richmond, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1518 Perry St
    HOMES (RETIRED, NURSING)

    1518 Perry St, Richmond, VA 23224-2060

    Estimated value:
    $240,000
    3,812 sqft 0.08 AC lot
    View details
    3401 Chamberlayne Ave
    HOMES (RETIRED, NURSING)

    3401 Chamberlayne Ave, Richmond, VA 23227-4515

    Estimated value:
    $250,000
    4,236 sqft 0.57 AC lot
    View details
    3502 Chamberlayne Ave
    HOMES (RETIRED, NURSING)

    3502 Chamberlayne Ave, Richmond, VA 23227-4517

    Estimated value:
    $285,000
    4,142 sqft 0.53 AC lot
    View details
    1638 Grace St
    HOMES (RETIRED, NURSING)

    1638 Grace St, Richmond, VA 23220-2103

    Estimated value:
    $235,000
    3,516 sqft 0.09 AC lot
    View details
    2514 Grace St
    HOMES (RETIRED, NURSING)

    2514 Grace St, Richmond, VA 23220-1911

    Estimated value:
    $145,000
    3,220 sqft 0.09 AC lot
    View details
    3822 Chamberlayne Ave
    HOMES (RETIRED, NURSING)

    3822 Chamberlayne Ave, Richmond, VA 23227-4110

    Estimated value:
    $265,000
    2,792 sqft 0.54 AC lot
    View details
    1719 Bellevue Ave
    HOMES (RETIRED, NURSING)

    1719 Bellevue Ave, Richmond, VA 23227-3901

    Estimated value:
    $1,000,000
    40,638 sqft 2.73 AC lot
    View details
    4403 Frst Hl Ave
    HOMES (RETIRED, NURSING)

    4403 Frst Hl Ave, Richmond, VA 23225-3241

    Estimated value:
    $17,620,000
    43,163 sqft 2.58 AC lot
    View details
    7246 Frst Hl Ave
    HOMES (RETIRED, NURSING)

    7246 Frst Hl Ave, Richmond, VA 23225-1524

    Estimated value:
    $18,035,000
    55,836 sqft 1.95 AC lot
    View details
    3212 Chamberlayne Ave
    HOMES (RETIRED, NURSING)

    3212 Chamberlayne Ave, Richmond, VA 23227-4807

    Estimated value:
    $1,530,000
    18,242 sqft 0.54 AC lot
    View details
    115 Jefferson St
    HOMES (RETIRED, NURSING)

    115 Jefferson St, Richmond, VA 23220-5021

    Estimated value:
    $2,845,000
    33,039 sqft 0.31 AC lot
    View details
    200 Hioaks Rd
    HOMES (RETIRED, NURSING)

    200 Hioaks Rd, Richmond, VA 23225-4048

    Estimated value:
    $4,220,000
    44,245 sqft 3.80 AC lot
    View details
    3009 Chamberlayne Ave
    HOMES (RETIRED, NURSING)

    3009 Chamberlayne Ave, Richmond, VA 23227-4804

    Estimated value:
    $135,000
    2,760 sqft 0.19 AC lot
    View details
    8000 Brk Rd
    HOMES (RETIRED, NURSING)

    8000 Brk Rd, Richmond, VA 23227-1306

    Estimated value:
    $665,000
    16,954 sqft 1.00 AC lot
    View details
    7400 Taw St
    HOMES (RETIRED, NURSING)

    7400 Taw St, Richmond, VA 23237

    Estimated value:
    $1,235,000
    50,850 sqft 2.84 AC lot
    View details
    7804 Frst Hl Ave
    HOMES (RETIRED, NURSING)

    7804 Frst Hl Ave, Richmond, VA 23225-1931

    Estimated value:
    $405,000
    16,229 sqft 2.10 AC lot
    View details
    515 10th St
    HOMES (RETIRED, NURSING)

    515 10th St, Richmond, VA 23298-5040

    Estimated value:
    $20,885,000
    602,990 sqft 1.68 AC lot
    View details
    5302 Fitzhugh Ave
    HOMES (RETIRED, NURSING)

    5302 Fitzhugh Ave, Richmond, VA 23226-1110

    Estimated value:
    $215,000
    3,024 sqft 0.31 AC lot
    View details
    3116 Detroit Ave
    HOMES (RETIRED, NURSING)

    3116 Detroit Ave, Richmond, VA 23222

    Estimated value:
    $870,000
    43,820 sqft 3.83 AC lot
    View details
    1617 Frnt St
    HOMES (RETIRED, NURSING)

    1617 Frnt St, Richmond, VA 23222-4038

    Estimated value:
    $530,000
    26,291 sqft 3.17 AC lot
    View details
    2924 Brk Rd
    HOMES (RETIRED, NURSING)

    2924 Brk Rd, Richmond, VA 23220-1215

    Estimated value:
    $2,830,000
    115,613 sqft 17.15 AC lot
    View details
    1901 4th Ave
    HOMES (RETIRED, NURSING)

    1901 4th Ave, Richmond, VA 23222-5117

    Estimated value:
    $245,000
    3,788 sqft 0.39 AC lot
    View details
    1001 Marshall St
    HOMES (RETIRED, NURSING)

    1001 Marshall St, Richmond, VA 23298-5075

    Estimated value:
    $20,320,000
    589,582 sqft 1.62 AC lot
    View details

    Richmond, VA Assisted Living Facilities Market Trends and Statistics

    Explore 58 assisted living facilities for sale in Richmond, VA on our real estate platform.

    Sale prices for assisted living facilities in Richmond, VA average $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 1
    Hospitals 1
    Medical centers 1
    Senior Housing / Retirement Homes 1
    Spa & wellness properties 1

    Demographics Overview

    Population 594K
    Population Growth (5Y) +3.2%
    Median Household Income $75,947
    College Educated 27.8%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23228 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.37%
    Property Tax per SF $7.41 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Richmond City County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Richmond City County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Richmond fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Richmond, VA

    • 23228

    Featured Richmond Real Estate Agencies

    Realmo connects you with licensed Richmond CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Joyner Fine Properties
    2727 Enterprise Parkway Richmond, VA 23294
    Phone: 18042709440
    www.joynerfineproperties.com
    Century 21 All American
    701 C Southlake Blvd. Richmond, VA 23236
    Phone: 18043782221
    www.Century21allamerican.com

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