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112-Room Holiday Inn Express Hotel
New
For Sale
$13,985,000

9933 Mayland Dr, Richmond, VA 23233

The four-story, IHG-branded property was built in 2000 and sits near Interstate 64 in Richmond’s Innsbrook business district.

Property Size52,375 SF
Days on Market1

Property Features for 9933 Mayland Dr

General Information

Standard status Active
Size 52,375 SF
Property subtype Hotel-Motel

Additional Details

Cap Rate 8.23%
Highway Access Yes

Amenities

Positive-Trending HIEX RevPAR (September 2026 T-12 and T-3)
YTD RevPAR Increased Year-Over-Year for Both HIEX and Competitive Set
Opportunity to Acquire with the Contiguous Fairfield Inn & Suites for Scale and Operational Efficiency
Historically Stable and Efficient NOI
Richmond, VA MSA Population has Grown Nearly 17% Since 2010
Proximate to Striker Park, Henrico Doctors' Hospital, University of Richmond, Performance Food Group HQ, Downtown Richmond, and More

Building Details

Building Size 52,375 SF
Year Built 2000
Buildings 1
Stories 4
Listing Agency: Fort Lauderdale Office
Listed By: Rob Hunter · License #License(s): FL: SL3241692, AL: 00091540, NC: LC738
Source: Marcusmillichap
Added: Nov 4 Last Checked: Nov 4 at 2:29PM

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 Fort Lauderdale Office

Rey
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Investment Insights

Based on property information with market context.

This four-story Holiday Inn Express has 112 guest rooms and was built in 2000. The hotel carries the IHG brand and is offered as a fee simple interest.

The property is at 9933 Mayland Dr in Richmond, Virginia, near Interstate 64 and within the Innsbrook business district. The listing also identifies a contiguous 83-room Fairfield Inn & Suites as a potential companion acquisition.

Key Highlights

  • 112 guest rooms
  • Four‑story hotel built in 2000
  • IHG‑branded property

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Holiday Inn Express ... Hotel & Motel

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,529
Businesses Nearby

Demographics for 23233, VA

32,610
Population
13,184
Households
2.5
Avg Household Size
40
Median Age
71%
College-Educated
98%
High-School Grad
12.9 sq mi
ZIP Area
2,528
Density / Sq Mi
$117,500
Median Household Income
$66,115
Median Earnings
$1,779
Median Rent
$442,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - The four-story, IHG-branded property was built in 2000 and sits near Interstate 64 in Richmond’s Innsbrook business district.
Where is this hotel located?
The property is located at 9933 Mayland Dr Richmond, VA.
What is the asking price?
The asking price for this property is $13,985,000.
What are key features of this property?
This property features: 112 guest rooms; Four‑story hotel built in 2000; IHG‑branded property
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