Entitled Affordable Senior Housing
For Sale
Contact for pricing
Pending
6858 Richmond Hwy, Alexandria, VA 22306
Vacant land site is rezoned and entitled for 52 affordable independent living units in a LEED Silver building.
Property SizeContact for details
Lot Size0.63 Acres
Days on Market534
Property Features for 6858 Richmond Hwy
General Information
Standard status
Pending
Lot size
0.63 Acres
Property subtype
Land
Listing Agency:
BridgeWater Real Estate Brokerage
Listed By:
Adam Stein · License #MD 656914
Source:
Crexi
Added: Feb 24, 2025
Changed: Aug 8
Last Checked: Apr 24 at 12:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BridgeWater Real Estate Brokerage
Investment Insights
Based on property information with market context.
Beacon Hill is a vacant land parcel totaling 0.63 acres located at 6858 Richmond Highway in Alexandria, VA. The site sits in the southeast corner of the existing 290-unit market-rate multifamily community known as Beacon at Groveton.
Beacon Hill was formerly approved for a 70,000 SF office building. It has since been rezoned and entitled to develop 52 one- and two-bedroom units of affordable independent living within a 55,751 SF LEED Silver building. The planned independent living units are intended for tenants restricted to earning between 30% and 60% of AMI and at least 60 years of age.
Beacon Hill was formerly approved for a 70,000 SF office building. It has since been rezoned and entitled to develop 52 one- and two-bedroom units of affordable independent living within a 55,751 SF LEED Silver building. The planned independent living units are intended for tenants restricted to earning between 30% and 60% of AMI and at least 60 years of age.
Key Highlights
- 0.63‑acre vacant land site at 6858 Richmond Highway in Alexandria, VA within the Beacon at Groveton multifamily community.
- Rezoned and entitled for development of 52 one- and two‑bedroom units of affordable independent living.
- Planned 55,751 SF LEED Silver building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
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Business Placement
Demographics for 22306, VA
33,330
Population
11,514
Households
2.9
Avg Household Size
35
Median Age
40%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
4,901
Density / Sq Mi
$95,026
Median Household Income
$45,193
Median Earnings
$1,750
Median Rent
$583,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land site is rezoned and entitled for 52 affordable independent living units in a LEED Silver building.
Where is this residential land & home lot located?
The property is located at 6858 Richmond Hwy Alexandria, VA.
What are key features of this property?
This property features: 0.63‑acre vacant land site at 6858 Richmond Highway in Alexandria, VA within the Beacon at Groveton multifamily community.; Rezoned and entitled for development of 52 one- and two‑bedroom units of affordable independent living.; Planned 55,751 SF LEED Silver building.
