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    Bear Crossing Ct Penn Laird, VA 22846

    For Sale
    $720,000

    Land - PENN LAIRD, VA

    Lot size:
    2.04 Acres
    Days on Market:
    129
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for Bear Crossing Ct

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3 General Residential
    APN
    126F-9-1, 126F-9-2, 126F-9-3, 126F-9-4
    Lot size
    2.04 Acres

    Building Details

    Architectural style
    Other

    Funkhouser & Associates (540) 434-2400 [email protected]

    Listing agent Scott Rogers (540) 434-2400 License #0225071528

    Listing date Aug 5, 2025

    MLS# 666153 Listing URL

    Copyright © 2025 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Parcel in Penn Laird

    This 2.04-acre development parcel is located in a fast-growing area of Rockingham County, just outside Harrisonburg. Zoned R-3, the site is approved for 16 townhouse-style apartments, making it suitable for immediate development. The property features a gently rolling topography and easy access to public utilities. It is located within minutes of Sentara RMH Medical Center, James Madison University, and various dining and retail options on the east side of Harrisonburg, with quick access to Route 33, Coors, and Merck.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Penn Laird
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.826102
    Latitude
    38.404801

    FAQs

    What type of property is this?
    Land - 2+ acre development parcel approved for 16 townhouse apartments.
    Where is this land located?
    The property is located at Bear Crossing Ct Penn Laird, VA.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: - Approved for 16 townhouse-style apartments, allowing for immediate development.; - Zoned R-3, suitable for residential development.; - Located in a fast-growing area of Rockingham County.
    (540) 434-2400
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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
    Bear Crossing Ct Penn Laird, VA 22846
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