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    973 Reservoir St Harrisonburg, VA 22801

    For Sale
    $795,000

    Vacant Land - Harrisonburg, VA

    Lot size:
    3.66 Acres
    Days on Market:
    208
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 973 Reservoir St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    600
    APN
    015 M 8
    Parking features
    Garage
    Lot size
    3.66 Acres

    Building Details

    Architectural style
    Other

    Lee & Associates (540) 437-3728

    Listing agent John Dale Gardner (540) 437-3728

    Listing date May 15, 2025

    MLS# 11054370 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

    Harrisonburg Vacant Land Near JMU

    This 3.66-acre parcel of land is located in the City of Harrisonburg. Zoned R3C, the property is designated as "Light Commercial" according to the City of Harrisonburg's comprehensive plan. Water and sewer access is readily available. The site is surrounded by both residential and commercial businesses. The property benefits from access to both Reservoir Street and Martin Luther King Jr. Way. Its location is near the James Madison University campus, Downtown Harrisonburg, and I-81 Exit 247.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -78.859142
    Latitude
    38.441129

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    FAQs

    What type of property is this?
    Commercial land - 3.66 acres of commercial land near James Madison University.
    Where is this commercial land located?
    The property is located at 973 Reservoir St Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Large 3.66-acre lot zoned R3C, offering development potential.; - Excellent location in the City of Harrisonburg with easy access to water and sewer.; - Designated as "Light Commercial" in the City's comprehensive plan.
    (540) 437-3728
    Request Owner's contact information
    973 Reservoir St 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
    973 Reservoir St Harrisonburg, VA 22801
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