Richmond childcare real estate: values, cap rates & market data.
What childcare centers and daycare properties are worth in the Richmond market — grounded in our own sold-comps database, our 2025 tuition survey, and U.S. Census data.
Richmond, VA childcare market — key figures
The median childcare real estate cap rate in Virginia is 7.9%, based on 5 of 17 sold childcare transactions compiled by Little Scholars Real Estate, at a median sold price of $345 per square foot.
In the Richmond, VA metro, 2 national-chain childcare centers surveyed in 2025 reported median monthly tuition of $1,645 for infants and $1,393 for preschool.
The Richmond, VA metro has 75,606 children under age five and a median household income of $84,405; its population grew 3.6% and its under-five population grew 0.1% between 2018 and 2023.
Little Scholars Real Estate is a childcare-only business and real estate brokerage led by Alan Stahl, with 80 transactions closed across 18+ states.
Sources: Little Scholars Real Estate sold-comps database (592 childcare transactions across 41 states, updated June 2026); Little Scholars 2025 tuition survey, rates received directly from individual schools; U.S. Census Bureau, ACS 5-Year Estimates (2018 and 2023). Figures may be cited or republished with attribution to Little Scholars Real Estate (CC BY 4.0).
The rare metro where the under-5 count isn't falling.
Richmond grew 3.6% from 2018 to 2023 and — unusually — its under-5 population held perfectly flat while household income rose 27% to $84,405.
One of our surveyed schools reports a waitlist — demand outrunning seats. Virginia comps trade wide, 6.9–9.1% around a 7.9% median cap on 17 sales, so lease quality and enrollment do the pricing work here.
Real rates from Richmond-market schools.
Actual monthly tuition rates our team received from national-chain schools in this market during our 2025 survey — not averages. Tuition drives revenue, and revenue drives value.
| Brand | Location | Infant / mo | Pre-K / mo | Licensed capacity |
|---|---|---|---|---|
| KinderCare | Richmond (E Parham Rd) | $1,645 | $1,180 | 122 |
| Bright Horizons | Richmond (Towne Center West Blvd) | — | $1,605 | 100 |
What childcare properties trade at in Virginia.
Across our sold-comps database, Virginia childcare properties have typically traded at 6.9–9.1% cap rates, at a median of $345 per square foot, across 17 sales. Where your property lands comes down to tenant credit, lease term, and the site itself.
| Brand (national) | Median sold cap | Median $/SF |
|---|---|---|
| KinderCare | 6.67% | $381 |
| La Petite Academy | 6.89% | $207 |
| Kiddie Academy | 6.46% | $378 |
| Tutor Time | 8.47% | $372 |
| Childtime | 6.20% | $262 |
8 childcare properties currently listed for sale in Virginia.
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