The median home value in Richmond, VA is $373,000.
This is
higher than
the county median home value of $280,000.
The national median home value is $308,980.
The average price of homes sold in Richmond, VA is $373,000.
Approximately 38% of Richmond homes are owned,
compared to 51% rented, while
11% are vacant.
Richmond real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Richmond real estate agent to arrange a tour today!
Learn more about Richmond.
Situated at 120 Wyck Street in Richmond City, this property presents a remarkable opportunity for redevelopment. Spanning an impressive 17,458 square feet on a generous 0.69-acre lot, the site offers ample parking and is strategically located with B-3 zoning. Adjacent to the Virginia Department of Corrections Headquarters and District 1 Richmond Probation and Parole, and in close proximity to the Spring Rock Green Development and a state-of-the-art iceplex facility, this property enjoys a prime position amidst significant developments. Boasting versatile zoning, including options for short term rentals, transitional housing, and permanent supportive housing, among others, it provides a wide range of potential uses. With easy access to Chippenham Parkway and Midlothian Turnpike, major hospitals like VCU Medical Center, Johnston-Willis Hospital, and Chippenham Hospital are within a 7-mile radius, making it an ideal location for addressing short-term housing needs, particularly in the travel nursing industry. This property is well-suited for various purposes, including possible services in partnership with VADOC, substance abuse counseling and services, adult care facilities and much more. With immediate access to bus lines, interstates, and major area developments, combined with a new roof installed in 2024, this opportunity is not one to be missed. For additional information, interested parties are encouraged to contact the listing agent. Unlock the potential of 120 Wyck Street and capitalize on this exceptional conversion/redevelopment project in Richmond City.