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    Property profile & analytics

    3115 Parham Rd Henrico, VA 23294-4408

    • Office buildings
    • 1,026 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Last Sale
    Oct 10, 2024
    $338,800
    Location Intelligence
    Property ID
    US87-0086672
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 3115 Parham Rd

    Year built
    1940
    Lot size
    0.44 lot acres
    Property size
    1,026 SF
    Zone code
    O-1C
    Property type
    Office buildings
    APN
    761-753-0697
    APU
    7617530697

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5395
    Latitude
    37.6289
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,703
    $112,900
    $87,500
    $200,400
    -
    $112,900
    $87,500
    $200,400

    Comparable in this City

    • Value Estimation by Request

      2821 Emerywood Pkwy

      OFFICE BUILDING
      2821 Emerywood Pkwy, Henrico, VA 23294-3726
      View Details
    • Value Estimation by Request

      2821 Emerywood Pkwy Ste, Unit 203

      OFFICE BUILDING
      2821 Emerywood Pkwy Ste, Henrico, VA 23294-3726
      View Details
    • Value Estimation by Request
      180,186 SF

      7818 Parham Rd

      OFFICE BUILDING • 180,186 SF
      7818 Parham Rd, Henrico, VA 23294-4302
      View Details
    • Value Estimation by Request
      4,431 SF

      9071 Broad St

      OFFICE BUILDING • 4,431 SF
      9071 Broad St, Henrico, VA 23294-5809
      View Details
    • Value Estimation by Request
      12,888 SF

      2706 Enterprise Pkwy

      OFFICE BUILDING • 12,888 SF
      2706 Enterprise Pkwy, Henrico, VA 23294-6334
      View Details
    • Value Estimation by Request
      18,105 SF

      2702 Parham Rd

      OFFICE BUILDING • 18,105 SF
      2702 Parham Rd, Henrico, VA 23294-4653
      View Details

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    • $15 SF/Yr
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      Richmond Medical Office Space for Lease

      Prime Henrico County medical office suites available.
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      Merchants Walk Executive Suites

      Richmond, VA Executive Office Space
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      83,690 SF

      2809 Emerywood Pkwy

      Medical offices • 83,690 SF
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    Henrico, VA 23294-4408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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