Surplus Property Sales and Lease
The following properties are available for sale through the Commonwealth's commercial broker, Jones Lang LaSalle (JLL). The sale of underutilized property is directed by the Code of Virginia §2.2-1156. More information on the process can be found at this link: Process for Selling Surplus Real Estate.
Eastern State Hospital - 346.25 Acres
UNDER CONTRACT
Type: Land
Title: Eastern State Hospital
Size: ±346.25 acres
Location: Ironbound Road, Williamsburg
FOR SALE: The ±346.25 acre Eastern State Hospital site is a unique opportunity for a developer to acquire a large in fill site in Williamsburg, Virginia. The property is immediately adjacent to New Town, which is a 365 acres, very successful, mixed use project that has been developed over the last 15 years. The Eastern State site is also across the street from the College of William and Mary which was founded in 1693.
4911 W Mercury Blvd -.99 Acres, Office Building 5,880 SF
Type: Office Building w/ Parking
Title: 4911 W Mercury Blvd
Size: ±.99 Acres; Office Building ±5,880 SF
Location: 4911 W. Mercury Blvd, Hampton
FOR SALE: Located in the Hampton Urban Enterprise Zone C-2. Multiple bus stops nearby. Approximately 50-55 parking spaces. The lot features approximately 180' feet of road frontage and 2 curb cuts.
DOC Augusta County - 840± Acres
Type: Buildings/Land
Title: Decommissioned Correctional Facility
Size: ±840 acres
Location: Augusta County
FOR SALE: This unique 840± acre property was operated as a state correctional facility with housing for 1,200+ inmates, manufacturing facilities, warehousing/support spaces and a ~250 head beef cattle operation.
Property Highlights:
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~1.8 miles of frontage on Estaline Valley Rd; ~1,800' frontage on Little River Rd
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Ample power, water, and sewer on-site
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Currently zoned General Agriculture, county is preparing a new comprehensive plan
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Approximately 35 minutes from Staunton
Multiple Development Opportunities:
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solar development - transformer station already on site
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Working beef cattle operation with ~500 acres currently used for hay and grazing. Includes barns, tractor sheds, hay storage, and office space
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Combined 326,000+ sf of improvements including manufacturing facilities, cold storage and a commercial kitchen, warehouses, and maintenance shops
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~290 wooded acres, predominantly mixed hardwoods
CVTC Amherst County - 386 Acre Riverfront Site
Type: Land/Buildings
Title: Central Virginia Training Center (CVTC)
Size: 386 acres
Location: 521 Colony Road, Madison Heights, VA
FOR SALE: This 386-acre site in Amherst County, Virginia, offers a prime redevelopment opportunity with extensive James River frontage and views of downtown Lynchburg. Established in 1910 as the Central Virginia Training Center, a state-run residential mental health facility, it ceased operations in 2020. The property features approximately 90 buildings constructed between 1912 and 1989, totaling over 900,000 square feet with diverse uses and conditions. Some structures and areas may be suitable for adaptive reuse, potentially qualifying for historic tax credits, while others are candidates for demolition to accommodate new construction.
Resources compiled by Amherst County including a concept plan and technical documentation are available at trainingcentermasterplan.com.
- Appropriate for nursing care (93 COPN), light industrial, mixed-use
- Demolition assistance available
- Three-phase electric, natural gas, water and sewer available
- Opportunity Zone
VDACS 34591 General Mahone Blvd - 5± Acres, Office 8,400± SF
Type: Land/Building
Title: VDACS Office/Lab
Size: 5± acres (500± ft. road frontage on US-460; 8,400± sq ft office/laboratory w/ 23 parking spaces)
Location: 34591 General Mahone Blvd., Ivor, VA 23866
FOR SALE: This 5± acre property was operated as laboratory and office space for the Virginia Department of Agriculture and Consumer Services and is now being offered for public sale.
Property Highlights:
- 8,400± square feet
- Loading dock and drive-in garage bay
- 23 parking spaces
- 500± road frontage on US-460
- B-1 Zoning
- Well and septic
CSH Dinwiddie County - Phase 1: 207± Acres Phase 2: 149± Acres
Type: Mixed-Use Land
Title: Central State Hospital Surplus Parcels
Size: Phase 1: 207± Acres Phase 2: 149± Acres
Location: 4901 Boydton Plank Road, Petersburg, VA 23803
FOR SALE: This property offers a strategic mixed-use land opportunity south of Richmond. With excellent accessibility via Interstate 85, Route 1, Interstate 95, and US-460, the site is ideally positioned for industrial development, accessible power infrastructure for Data Center, retail and commercial use. Its prime location makes it an attractive prospect for businesses seeking to capitalize on the region’s growing economic potential and infrastructure advantages. R-1 Zoning. 35 minutes to Richmond International Airport; 30 minutes to Downtown Richmond; 1 hour 30 minutes to the Port of Virginia.
Property Highlights:
- Easy Access: Reach major markets via nearby I-85, Route 1, I-95, US-460
- Flexible space: Customize your industrial, data, or commercial operations
- Tech-friendly: Ideal Infrastructure for data center establishment
- Room to grow: Ample space for manufacturing or distribution expansion
- Business-boosting locations: Leverage local economic incentives and growth
James Monroe Building - 3.05± Acres; 470,895 SF w/600 Parking Spaces:
Type: Office Building
Title: James Monroe Building
Size: 470,895 SF w/ 600 Parking Spaces; 3.05± Acres
Location: 101 North 14th Street in Richmond, Virginia 23219
FOR SALE: Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this offering for the sale of the James Monroe Building (the “Property”), a 470,895 SF office building on 3.05 acres with 600 structured parking spaces located at 101 North 14th Street in Richmond, Virginia. The B-4 zoning offers a range of business plan options and allows for a maximum density of up to 6.0 FAR subject to approval of a plan of development. The James Monroe Building provides a tremendous opportunity to reposition a landmark building at the center of downtown Richmond with a multitude of potential end uses.
The Property is located between the James River and the Greater Richmond Convention Center in the heart of Richmond’s Business District - central Virginia’s hub for business, culture, and history. The Site sits in a highly amenitized micro-location, with over 2.4M square feet of retail and 13,000 multifamily units within a one-mile radius, creating a desirable setting for tenants, tourists, and residents. Richmond’s downtown is among the fastest growing in Virginia with strong fundamentals; it has seen 45% population growth since 2020, nearly four times the entire city's growth rate over that period. Richmond’s downtown is undergoing an immense transformation, with 75 development projects totaling $3.6B completed or underway between 2019 and 2022.
The James Monroe Building presents a unique opportunity to acquire a building primed for repositioning in an attractive location positioned to create a vibrant destination that will become one of the pillars of Richmond’s Central Business District.
Property Highlights:
- PREMIER RICHMOND CBD REPOSITIONING OPPORTUNITY - 470,895 SF Office Building on a 3.05-Acre Site with 600 Structured Parking Spaces (1.3 / 1,000 Parking Ratio)
- FLEXIBLE ZONING - B-4 Zoning Allows for a Range of End-Uses with a Maximum Density of 6.0 FAR (~800,000 GSF)
- RENOWNED AMENITY BASE - Hyper-Amenitized Micro-Location with over 2.4M Square Feet of Retail and 13,000 Multifamily Units within a Mile
- STRONG MARKET FUNDAMENTALS - 45% Increase in Downtown Residents between 2010 and 2020, Nearly Four Times the Population Growth Rate of the Entire City over that Period
- TRANSFORMING DOWNTOWN SUBMARKET - From 2019-2022 More than 75 Development Projects Totaling $3.6 B have been Completed or are Underway in the Downtown Master Plan Area of the City
- TRANSIT-ORIENTED DEVELOPMENT - Direct Access to Richmond Main Street Amtrak Stop and Immediate Proximity to Richmond’s Main Street, Providing Access to Richmond International Airport via Interstate-64
7th & Main St - 1.23± Acres; 53,578 SF Site
Type: Land
Title: 7th & Main St
Size: 1.23± Acres; 53,578 SF Site
Location: 703 East Main Street in Richmond, Virginia 23219
FOR SALE: Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this offering for the sale of 703 East Main Street (“7th & Main,” the “Property,” or the “Site”), a 1.23-acre development site located at 703 East Main Street in Richmond, Virginia. The B-4 zoning offers a range of business plan options and allows for a maximum density of up to 6.0 FAR subject to approval. 7th & Main provides a tremendous opportunity to develop a landmark space at the center of downtown Richmond with a multitude of potential end uses.
The Property is located between the James River and the Greater Richmond Convention Center in the heart of Richmond’s Business District - central Virginia’s hub for business, culture, and history. The Site sits just blocks away from the Virginia State Capital in a highly amenitized micro-location, with over 1.5M square feet of retail and 3,500 multifamily units within a half-mile radius, creating a desirable setting for tenants, tourists, and residents. Richmond’s downtown is among the fastest growing in Virginia with strong fundamentals; it has seen 48% population growth since 2020, nearly four times the entire city's growth rate over that period. Richmond’s downtown is undergoing an immense transformation, with 75 development projects totaling $3.6B completed or underway between 2019 and 2022. This development is driven by projects in the immediate vicinity of the Site, as Douglas Development’s recently converted Dominion’s Eighth & Main tower to residential, located adjacent to 703 E Main.
7th & Main presents a unique opportunity to acquire a prime development site in an attractive location and is positioned to create a vibrant destination that will become one of the pillars of Richmond’s Central Business District.
APPROVED FOR Residential, office, and other commercial uses (including hotel, retail, restaurant and more). This land can be used for up to 320,000 square feet of development.
Property Highlights:
- PREMIER RICHMOND CBD DEVELOPMENT SITE - 1.23-Acre Site in the Heart of Downtown Richmond just Steps Away from the Virginia State Capital
- FLEXIBLE ZONING - B-4 Zoning Allows for a Range of End-Uses with a Maximum Density of 6.0 FAR (~320,000 GSF)
- RENOWNED AMENITY BASE - Highly Amenitized Micro-Location with over 1.5 M Square Feet of Retail and 3,500 Multifamily Units within ½ Mile
- STRONG MARKET FUNDAMENTALS - 48% Increase in Downtown Residents between 2010 and 2020, Nearly Four Times the Population Growth Rate of the Entire City over that Period
- TRANSFORMING DOWNTOWN SUBMARKET - The Richmond office market recorded 127,000+ SF of positive absorption and over 550,000 SF of leasing activity in Q3 2025
- TRANSIT-ORIENTED DEVELOPMENT - Immediate Proximity to Richmond’s Main Street, Providing Access to Richmond International Airport via Interstate-64 and the East Coast’s Largest Cities via Interstate-95