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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 hot listings in Richmond

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 1 Active listings in Richmond, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Medical Office Space with Landing Pad
    Medical Office Space with Landing Pad

    Amelia Court House, VA 23002

    $750,000
    5,743 sqft 2.00 AC lot

    Configured with reception, multiple rooms, storage areas, and a large open room for meetings, classes, spa services, or events.

    View details
    Freestanding Medical Office Building
    Freestanding Medical Office Building

    4830 Southpoint Dr, Fredericksburg, VA 22407

    $6,000,000
    23,000 sqft

    Existing exam rooms, behavioral health space, and laboratory infrastructure support continued medical or office use.

    View details
    Turn-Key Salon & Spa Suite
    Turn-Key Salon & Spa Suite

    810 Caroline St Unit 201, Fredericksburg, VA 22401

    $59,900
    1,000 sqft

    Second-floor salon and spa with 9 stations, facial rooms, and included utilities under an existing lease.

    View details
    Medical Center Building with Landing Pad
    Medical Center Building with Landing Pad

    Amelia Court House, VA 23002

    $750,000

    Brick medical facility with reception, multiple rooms, storage, and a large flexible gathering area.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Chesterfield Land For Sale
    Chesterfield Land For Sale

    11000 Hull Street Road, Chesterfield, VA 23112

    $1,200,000
    12.64 AC lot

    8.79 acre commercial land parcel in Chesterfield, Virginia.

    View details
    Chesterfield Land Near Golf Course
    Chesterfield Land Near Golf Course

    13454 Drake Mallard Court, Chesterfield, VA 23838

    $95,000
    0.99 AC lot

    Homesite near clubhouse and 18th fairway in 55+ section.

    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.

    8700 Stony Pt Pkwy
    MEDICAL CLINIC

    8700 Stony Pt Pkwy, Richmond, VA 23235-1962

    Estimated value: by Request
    87,282 sqft 12.50 AC lot
    View details
    101 Cowardin Ave
    MEDICAL CLINIC

    101 Cowardin Ave, Richmond, VA 23224-2078

    Estimated value:
    $2,240,000
    36,983 sqft 1.55 AC lot
    View details
    2000 Bremo Rd
    MEDICAL BUILDING

    2000 Bremo Rd, Richmond, VA 23226-2440

    Estimated value: by Request
    25,848 sqft 9.70 AC lot
    View details
    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
    6900 Frst Ave
    MEDICAL BUILDING

    6900 Frst Ave, Richmond, VA 23230-1729

    Estimated value:
    $17,000,000
    65,772 sqft 3.21 AC lot
    View details
    8011 Midlothian Tpke
    MEDICAL BUILDING

    8011 Midlothian Tpke, Richmond, VA 23235

    Estimated value:
    $1,750,000
    1,750 sqft 0.55 AC lot
    View details
    1901 Libbie Ave
    HOSPITAL - PRIVATE

    1901 Libbie Ave, Richmond, VA 23226-1808

    Estimated value:
    $5,580,000
    63,794 sqft 5.00 AC lot
    View details
    118 Libbie Ave
    MEDICAL CLINIC

    118 Libbie Ave, Richmond, VA 23226-2353

    Estimated value:
    $400,000
    2,311 sqft 0.23 AC lot
    View details
    1712 Broad St
    MEDICAL CLINIC

    1712 Broad St, Richmond, VA 23223-6930

    Estimated value: by Request
    11,857 sqft 0.42 AC lot
    View details
    3805 Richmond Hwy
    MEDICAL CLINIC

    3805 Richmond Hwy, Richmond, VA 23234-2631

    Estimated value:
    $260,000
    1,648 sqft 0.14 AC lot
    View details
    2201 Main St
    MEDICAL CLINIC

    2201 Main St, Richmond, VA 23223-7071

    Estimated value:
    $1,325,000
    13,560 sqft 0.16 AC lot
    View details
    3536 Grv Ave
    MEDICAL CLINIC

    3536 Grv Ave, Richmond, VA 23221-2200

    Estimated value:
    $2,490,000
    7,708 sqft 0.57 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
    900 Hamilton St
    MEDICAL CLINIC

    900 Hamilton St, Richmond, VA 23221-1200

    Estimated value:
    $1,015,000
    8,720 sqft 0.74 AC lot
    View details
    7001 Jahnke Rd
    MEDICAL CLINIC

    7001 Jahnke Rd, Richmond, VA 23225

    Estimated value:
    $710,000
    7,074 sqft 1.00 AC lot
    View details
    6750 Frst Hl Ave
    MEDICAL CLINIC

    6750 Frst Hl Ave, Richmond, VA 23225-1802

    Estimated value:
    $885,000
    2,352 sqft 0.74 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

    Richmond, VA Healthcare Properties Market Trends and Statistics

    Explore 72 healthcare properties for sale in Richmond, VA on our real estate platform.

    Sale prices for medical real estate 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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Richmond, VA

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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.

    Christopher Small
    5413 Patterson Ave., Ste. 102 Richmond, VA 23226
    Phone: (804) 350-0879
    www.smallrealestate.com
    eXp realty
    6820 Paragon Place, Suite 410 Richmond, VA 23230
    Phone: (804) 335-6767
    Virginia Capital Realty, LLC
    1106 N. Thompson St Richmond, VA 23230
    Phone: (804) 545-6300
    www.virginiacapitalrealty.com
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