Building Details

Year Built 2026

Buildings 6

Listing Agency: CBRE Richmond

Listed By: Ian Webster · License #0225222999 Show Phone

Source: Crexi

Added: Jun 3 Changed: Sep 2 Last Checked: Sep 8 at 8:16AM

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Investment Insights

Based on property information with market context.

The Villages at Terrace Greene is a master-planned business and leisure hub designed to provide a mix of residential, retail, office, and medical space within the Terrace Greene residential community. The project contemplates 240,000 rentable square feet upon completion, supporting multiple commercial uses in a single integrated plan.

Located at 102 Terrace Greene Circle in Barboursville, Virginia, the development is positioned within a growing residential community in Central Virginia. The overall master plan is intended to create an on-site environment where daily needs and appointments can be served by nearby retail, office, and medical tenants.

This offering is well suited for buyers and operators seeking space inside a planned mixed-use environment where both customer-facing and service-oriented uses are part of the tenant mix. With retail, office, and medical included in the stated rentable program, the development can support a range of tenant requirements aligned with those commercial categories. As presented, this is a for-sale development opportunity tied to the overall Terrace Greene master plan and its total rentable square footage upon completion.

Key Highlights

• Year built: 2026
• Master plan includes 240,000 rentable SF of residential, retail, office, and medical space
• Development plan to bring retail, office, and medical space within the Terrace Greene community in Central Virginia

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Restaurant Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

129

Businesses Nearby

Explore this area Business Placement

Demographics for 22923, VA

5,819

Population

2,809

Households

2.1

Avg Household Size

42

Median Age

39%

College-Educated

97%

High-School Grad

47.4 sq mi

ZIP Area

123

Density / Sq Mi

$108,796

Median Household Income

$50,313

Median Earnings

$1,759

Median Rent

$369,000

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For sale: a master-planned development bringing retail, office, and medical space within the Terrace Greene community in Central Virginia.

Where is this retail space located?

The property is located at 102 Terrace Greene Circle Barboursville, VA.

What are key features of this property?

This property features: Year built: 2026; Master plan includes 240,000 rentable SF of residential, retail, office, and medical space; Development plan to bring retail, office, and medical space within the Terrace Greene community in Central Virginia