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    3050 S Main St Harrisonburg, VA 22801

    For Sale
    $4,795,000

    Commercial - Harrisonburg, VA

    Lot size:
    9.37 Acres
    Days on Market:
    209
    Last Refresh:
    Dec 9 at 2:06 am

    Property Features for 3050 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    APN
    001 B 18, 001 B 17, 001 B 16
    Parking features
    Garage
    Lot size
    9.37 Acres

    Building Details

    Architectural style
    Other

    Lee & Associates (540) 437-3728

    Listing agent David Lee (540) 437-3728

    Listing date May 15, 2025

    MLS# 11281918 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Land on Motor Mile

    This 9.37-acre property presents a retail opportunity in Harrisonburg, situated on Route 11's "Motor Mile." The location benefits from a high daily traffic count of over 22,700 vehicles. A new high school is scheduled to open next door in August 2024, which is expected to increase foot traffic in the area. The property is located 0.7 miles from I-81 exit 243, which sees 57,000 cars daily. The property is divided into 3 parcels, with two currently housing a successful car dealership. 7.97 acres are available for a new retail destination, or the entire 9.37-acre parcel can be redeveloped.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ground Illusions Landscaping Landscaper

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.900129
    Latitude
    38.411672

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    FAQs

    What type of property is this?
    Retail property - 9.37 acres on Route 11 with high traffic count.
    Where is this retail property located?
    The property is located at 3050 S Main St Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $4,795,000.
    What are key features of this property?
    This property features: - Prime location on Route 11's "Motor Mile" with high visibility and accessibility; - High daily traffic count of over 22,700 vehicles; - Proximity to I-81 exit 243 with 57,000 daily vehicles
    (540) 437-3728
    Request Owner's contact information
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    Harrisonburg, VA 22801
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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
    3050 S Main St Harrisonburg, VA 22801
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