Senior Housing

Richmond, VA Senior Housing / Retirement Homes for Sale

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Senior Housing Development Land Condo
Updated: Mar 14, 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).
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Senior Housing Community with Clubhouse
Updated: Apr 12
Senior Housing Community with Clubhouse

1411 Bainbridge St, Richmond, VA 23224

Contact for pricing
One‑bedroom units with vaulted ceilings, microwaves, dishwashers, and air conditioning
Community amenities include a business center, clubhouse, on‑site laundry, and leasing office
Ongoing unit renovations took place from 2019 to 2021
Partial roof replacement and HVAC replacements completed in 2021
LED and water‑efficiency upgrades completed in 2020
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

Senior Housing Property With Renovation Needs
Senior Housing Property With Renovation Needs

311 E Bryant Street, Enfield, NC 27823

$475,000
13,300 sqft 2.05 AC lot

Existing block building in Light Industrial zoning requires roof replacement and offers a substantial redevelopment footprint.

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Senior Housing Property
Senior Housing Property

311 E Bryant St, Enfield, NC 27823

$475,000
13,300 sqft

Existing improvements require roof replacement and carry Light Industrial zoning.

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.

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

218 Mill Rd, Woodstock, VA 22664

Contact for pricing
8,608 sqft

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

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.

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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.

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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

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

3401 Chamberlayne Ave, Richmond, VA 23227-4515

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

3502 Chamberlayne Ave, Richmond, VA 23227-4517

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

1638 Grace St, Richmond, VA 23220-2103

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

2514 Grace St, Richmond, VA 23220-1911

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

3822 Chamberlayne Ave, Richmond, VA 23227-4110

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

1719 Bellevue Ave, Richmond, VA 23227-3901

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

4403 Frst Hl Ave, Richmond, VA 23225-3241

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

7246 Frst Hl Ave, Richmond, VA 23225-1524

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

3212 Chamberlayne Ave, Richmond, VA 23227-4807

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

115 Jefferson St, Richmond, VA 23220-5021

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

200 Hioaks Rd, Richmond, VA 23225-4048

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

3009 Chamberlayne Ave, Richmond, VA 23227-4804

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

8000 Brk Rd, Richmond, VA 23227-1306

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

7400 Taw St, Richmond, VA 23237

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

7804 Frst Hl Ave, Richmond, VA 23225-1931

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

515 10th St, Richmond, VA 23298-5040

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

5302 Fitzhugh Ave, Richmond, VA 23226-1110

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

3116 Detroit Ave, Richmond, VA 23222

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

1617 Frnt St, Richmond, VA 23222-4038

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

2924 Brk Rd, Richmond, VA 23220-1215

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

1901 4th Ave, Richmond, VA 23222-5117

$245,000
Estimated value
3,788 sqft 0.39 AC lot
View details

Richmond, VA Senior Housing / Retirement Homes Market Trends and Statistics

Explore 60 senior housing / retirement homes 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 2

Demographics Overview

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

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%

Property Size Breakdown

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

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