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    Stone Spring Rd Harrisonburg, VA 22801

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    For Lease
    Contact for pricing

    Land for retail development near Preston Lake and Massanutten Resort.

    Lot size:
    29.00 Acres

    Property Features for Stone Spring Rd

    General Information

    Lot size
    29.00 Acres

    Source: Cushman & Wakefield | Thalhimer - Corporate Agent David Crawford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Development Land Near Resort

    This commercial land is part of a new retail development at the entrance to Preston Lake, a 760-unit master-planned residential community. The development is seeking anchor tenants and best-in-class retail uses. The project will include sidewalks, community gathering spaces, drive-thrus, and plentiful outdoor seating. The property offers access and visibility from both Spotswood Trail (Route 33) and Stone Spring Road. It is located close to Massanutten Resort, a 2,600-unit, four-season resort development.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.8897706
    Latitude
    38.4212989

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    FAQs

    What type of property is this?
    Commercial land - Land for retail development near Preston Lake and Massanutten Resort.
    Where is this commercial land located?
    The property is located at Stone Spring Rd Harrisonburg, VA.
    What are key features of this property?
    This property features: - Entrance to 760-unit master-planned residential community (Preston Lake).; - Outstanding access and visibility from Spotswood Trail (Route 33) and Stone Spring Rd.; - New retail development seeking anchor tenants and best-in-class retail uses.
    (804) 314-6100
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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
    Stone Spring Rd Harrisonburg, VA 22801
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