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3940 Westerre Pkwy; Richmond, VA Property Details

3940 Westerre Pkwy, Richmond, VA is a Hotel Or Motel that was built in 1998. This property is currently a cash purchase and is not for sale. Our records show that 3940 Westerre Pkwy has a total of 70,191 square feet. The lot size of 3940 Westerre Pkwy is 114,258 square feet.

Off market
3940 Westerre Pkwy Richmond, VA 23233
$8,525,900 Estimated Value
70,191 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1998
  • Purchase Price: $9,750,000
  • Open Loans / Balance: 1 / $7,984,514
  • APN: 749-759-9950
  • Situs County: Henrico
  • Length Of Ownership: 2 years, 1 months

Structure

  • Stories: 4
  • Exterior Wall Type: Brick veneer

Measurements

  • Total: 70,191/SqFt
  • Lot: 114,258/SqFt
  • Gross: 70,191/SqFt
  • Garage: 70,191/SqFt
  • Living: 70,191/SqFt
  • Building: 70,191/SqFt
  • Price Per Square Foot: $138.91

Legal Description

  • Description: 00480A0000 0037F; W BROAD ST AC 2.6233 78 A2 61
Building Insights

Land Information

  • Property Type: Hotel or Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Henrico County Public Schools
  • Lat / Lon: 37.64443 / -77.57757
  • Subdivision: Acreage
  • Property Class: Commercial
  • Zoning: B-2C
  • County Use Code: 343

Amenities

  • Plus Four: 1303
  • Cooling: Packaged Unit
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 220

Ownership Info

3940 Westerre Pkwy has no associated ownership info
3940 Westerre Pkwy has no associated ownership info.

Taxes

3940 Westerre Pkwy has 10 associated Taxes items

3940 Westerre Pkwy, Richmond, VA pays taxes in Henrico County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $8,525,900. The APN we've located for 3940 Westerre Pkwy is 749-759-9950.

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Taxes
  • Assessed Value:  $8,525,900
  • Assessed Year:  2026
  • Assessed County:  Henrico
  • APN:  749-759-9950
  • Assessed Land Value:  839900
  • Market Land Value:  839900
  • Tax Amount:  70764.98
  • Tax Year:  2026
  • Market Value:  8525900
  • Market Year:  2026

Tax History

3940 Westerre Pkwy has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $8,525,900 Land Value $839,900 Improvement Value $7,686,000 Tax Amount $70,764.98 Change Rate Assessed CR Tax Rate +0.0083%
Year 2025 Assessed Value $7,870,100 Land Value $799,900 Improvement Value $7,070,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $7,478,700 Land Value $799,900 Improvement Value $6,678,800 Tax Amount $66,895.86 Change Rate +0.077693% Assessed CR Tax Rate +0.008945%
Year 2023 Assessed Value $7,478,700 Land Value $799,900 Improvement Value $6,678,800 Tax Amount $62,073.22 Change Rate -0.098072% Assessed CR Tax Rate +0.0083%
Year 2022 Assessed Value $8,096,800 Land Value $799,900 Improvement Value $7,296,900 Tax Amount $68,822.8 Change Rate +0.142087% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $10,214,400 Land Value $799,900 Improvement Value $9,414,500 Tax Amount $60,260.56 Change Rate -0.321889% Assessed CR Tax Rate +0.0059%
Year 2020 Assessed Value $10,214,400 Land Value $799,900 Improvement Value $9,414,500 Tax Amount $88,865.28 Change Rate +0.00264% Assessed CR Tax Rate +0.0087%
Year 2019 Assessed Value $10,549,200 Land Value $799,900 Improvement Value $9,749,300 Tax Amount $88,631.25 Change Rate +0.032796% Assessed CR Tax Rate +0.008402%
Year 2018 Assessed Value $9,825,800 Land Value $799,900 Improvement Value $9,025,900 Tax Amount $85,816.8 Change Rate Assessed CR Tax Rate +0.008734%
Year 2017 Assessed Value $9,864,000 Land Value $799,900 Improvement Value $9,064,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $9,347,200 Land Value $799,900 Improvement Value $8,547,300 Tax Amount $81,320.64 Change Rate Assessed CR Tax Rate +0.0087%
Year 2015 Assessed Value $9,095,000 Land Value $799,900 Improvement Value $8,295,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $8,849,600 Land Value $799,900 Improvement Value $8,049,700 Tax Amount $76,991.52 Change Rate Assessed CR Tax Rate +0.0087%