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    Property profile & analytics

    4118 Parham Rd Henrico, VA 23228-2734

    • Office buildings
    • 6,024 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $885,000
    Last Sale
    Sep 29, 2020
    $840,000
    Location Intelligence
    Property ID
    US87-1281985
    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

    • Johnson G Woodworth DDS / Dentist
    • Taylor Shirley / Dentist
    • Cedarwood Surgical / Medical Equipment Supplier
    • Knights of Columbus / Financial Institution
    • Carlie Powers / Marriage Or Relationship Counselor

    Property Details for 4118 Parham Rd

    Year built
    2002
    Lot size
    0.11 lot acres
    Property size
    6,024 SF
    Zone code
    O-3C
    Property type
    Office buildings
    APN
    769-755-1809.010
    APU
    7697551809010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $800,000

    • CAP approach

      CAP return
      Estimation
      6%
      $940,000
      6.5%
      $865,000
      7%
      $975,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,065,000
      Geo Method
      $1,050,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,055,000
      Retail
      $1,020,000
      Mixed-Use
      $940,000
      Hospitality
      $875,000
      Educational
      $990,000
      Residential Income
      $810,000
      Energy
      $810,000
      Income-Based Land
      $1,075,000
      Food Service
      $1,065,000

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5101
    Latitude
    37.6319
    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
    $6,774
    $82,800
    $714,100
    $796,900
    -
    $82,800
    $714,100
    $796,900

    Comparable in this City

    • Value Estimation by Request
      19,384 SF

      7760 Shrader Rd

      OFFICE BUILDING • 19,384 SF
      7760 Shrader Rd, Henrico, VA 23228-2552
      View Details
    • Value Estimation
      $555,000
      4,026 SF

      3002 Hungary Spg Rd

      OFFICE BUILDING • 4,026 SF
      3002 Hungary Spg Rd, Henrico, VA 23228-2425
      View Details
    • Value Estimation by Request
      6,070 SF

      8600 Staples Ml Rd

      OFFICE BUILDING • 6,070 SF
      8600 Staples Ml Rd, Henrico, VA 23228-2719
      View Details
    • Value Estimation by Request
      10,000 SF

      7850 Villa Park Dr

      OFFICE BUILDING • 10,000 SF
      7850 Villa Park Dr, Henrico, VA 23228-6514
      View Details
    • Value Estimation by Request
      29,810 SF

      5511 Staples Ml Rd

      OFFICE BUILDING • 29,810 SF
      5511 Staples Ml Rd, Henrico, VA 23228-5445
      View Details
    • Value Estimation
      $370,000
      1,614 SF

      2901 Hungary Spg Rd

      OFFICE BUILDING • 1,614 SF
      2901 Hungary Spg Rd, Henrico, VA 23228-2417
      View Details

    Similar Nearby for Sale

    • $275,000
      1,277 SF

      Office Space on Staples Mill

      Office space with full kitchen and various amenities for sale.
      5603 Staples Mill Rd, Richmond, VA 23228
      View Details
    • Contact for pricing

      Undeveloped Land in Henrico

      Raw land available for sale in Henrico County.
      13 Fernwood St, Richmond, VA 23228
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    • $150,000
      Pending

      Henrico County Development Opportunity

      Two residential lots for sale in prime Henrico location.
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      Land in Glenside Submarket

      Land suitable for independent living units in Richmond, Virginia.
      7098 Fernwood St, Richmond, VA 23228
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    • $150,000
      Pending

      Henrico County Development Opportunity

      Two residential lots in a prime Henrico location.
      Bethlehem Rd, Richmond, VA 23228
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    • $300,000
      Pending

      Henrico County Land Development Opportunity

      Four adjacent residential lots for development in prime Henrico location.
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      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,124 SF

      Office Space Near Government Center

      3,124 SF office space with elevator access for rent.
      4108-4110 E Parham Rd, Richmond, VA 23228
      View Details
    • Contact for pricing
      87,190 SF

      Hungary Brook Retail Center

      Prime Retail Space in Henrico, VA
      1200-1300 Concord Ave, Henrico, VA 23228
      View Details
    • Contact for pricing
      4,953 SF

      Retail Space on Staples Mill

      Retail space available in shopping center with high traffic.
      7101 Staples Mill Rd, Richmond, VA 23228
      View Details
    • Contact for pricing
      7,872 SF

      Staples Mill Rd Retail Spaces

      Grocery-anchored retail spaces in Henrico, VA.
      9114 Staples Ml Rd, Henrico, VA 23228
      View Details
    • $9 SF/Yr
      22,204 SF

      Richmond Warehouse - 22,204 SF

      Modern warehouse, excellent location, immediate occupancy.
      5701 Greendale Rd, Richmond, VA 23228
      View Details
    • Contact for pricing
      5,000 SF

      Richmond Industrial Flex Space Available

      Flexible office/warehouse space with easy access to major routes.
      8580-8598 Sanford Dr, Richmond, VA 23228
      View Details
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    Henrico, VA 23228-2734
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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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