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    1391 N Main St Harrisonburg, VA 22802

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    For Sale
    $895,000

    Development opportunity in rapidly growing area near Downtown Harrisonburg.

    Lot size:
    1.46 Acres

    Property Features for 1391 N Main St

    General Information

    Lot size
    1.46 Acres

    Source: Lee & Associates Agent Jeffrey M Robb

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

    Overview

    High-Visibility Lot Near Downtown

    This property presents a development opportunity on a high-visibility lot situated less than one mile from Downtown Harrisonburg, along the heavily trafficked North Main Street. The surrounding area is experiencing rapid growth as Downtown Harrisonburg expands along North Main Street. Adjacent lots are undergoing development for a proposed apartment and townhome community, a Hotlzman convenience station, and a new Rockingham County fire station. The property is currently zoned R2 but is designated in the City comprehensive plan for rezoning to commercial. Water and sewer services are available on site, and the property benefits from excellent ingress and egress.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.8517736
    Latitude
    38.462716

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    FAQs

    What type of property is this?
    Land - Development opportunity in rapidly growing area near Downtown Harrisonburg.
    Where is this land located?
    The property is located at 1391 N Main St Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - High-visibility lot less than a mile from Downtown Harrisonburg on North Main Street.; - Area is rapidly growing with Downtown Harrisonburg expanding down North Main Street.; - Adjacent lots are being developed for apartments, townhomes, a convenience station, and a fire station.
    (540) 437-3728
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    Harrisonburg, VA 22802
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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
    1391 N Main St Harrisonburg, VA 22802
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