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Financial
Distress signals
Property profile

3957 Westerre Pkwy Henrico, VA 23233

OFF-MARKET
Office buildings
Property ID
US87-1110166
89,624 SF 5.34 ac lot Built 1998
Last sale Oct 2023 · $25,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A Class A, four-story office building containing 89,624 square feet. The building is laid out into office suites with rentable areas ranging from 1,748 to 6,619 square feet and utilizes efficient floor plans. The property is situated off West Broad Street, providing access to Interstates 64, 95, and 295, as well as Route 288. It includes on-site parking for tenants and visitors, and the surrounding area offers walkable access to restaurants, shopping, and hotels; the Short Pump/Innsbrook area is also nearby.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$9.13M
Assessed land$1.12M
Assessed improvement$8.01M

Value estimate

· Oct 2026
$21.63M
$19.46M – $23.79M
CAP approach$19.78M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$96 – $232
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O-3
Sec. 24-3406. O-3 Office District. A. Purpose. The purpose of the O -3 Office District is to provide lands primarily for offices, office ...
General categoryCOMMERCIAL
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.7
Wholesale Shop17.5
HVAC Service15.6

Location

3957 Westerre Pkwy Henrico, VA 23233-1323
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3951 Westerre, Henrico, VA 23233-1317 $25,000,000 Oct 2023 80,114 SF
3901 Westerre, Henrico, VA 23233-1341 $118,949,232 Dec 2022 81,212 SF
3900 Westerre, Henrico, VA 23233-1478 $118,949,232 Dec 2022 81,212 SF
200 Westgate, Henrico, VA 23233-7794 $118,949,232 Dec 2022 64,341 SF
3831 Westerre, Henrico, VA 23233-1330 $5,200,000 Oct 2022 25,116 SF
9954 Mayland, Henrico, VA 23233-1464 $56,000,000 Jan 2019 382,944 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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