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R-3 Zoned Development Land
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2045 Reservoir St, Harrisonburg, VA 22801

R-3 zoned site at an active intersection, suited for multistory commercial or residential development.

Property SizeContact for details
Lot Size1.30 Acres
Days on Market122

Property Features for 2045 Reservoir St

General Information

Standard status Active
Lot size 1.30 Acres
Property subtype Land
Zoning R-3

Additional Details

Traffic Count 19,000 vehicles/day
Listing Agency: Cottonwood Commercial
Listed By: Tim Reamer · License #VA 0225195571
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 9:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cottonwood Commercial

Investment Insights

Based on property information with market context.

This 1.3-acre parcel is currently zoned R-3 and offers a strong foundation for multistory development, with the site’s topography lending itself to taller structures for either commercial or residential uses. The property is positioned as a viable mixed-use or higher-density residential candidate.

The land sits at one of the market’s more active intersections. Reservoir is reported at more than 19,000 VPD, and Lucy serves as a connector road for both students and Harrisonburg’s primary office district.

The surrounding area includes several large-scale student housing developments, supporting the parcel as a potential continuation of that type of use from both a geographic standpoint and a rezoning perspective.

Key Highlights

  • 1.3‑acre site currently zoned R‑3
  • Suited for multistory commercial or residential development based on the site’s topography
  • Located at a high‑traffic intersection with Reservoir producing more than 19,000 VPD

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Electrical Service Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby

Demographics for 22801, VA

40,460
Population
15,820
Households
2.6
Avg Household Size
29
Median Age
43%
College-Educated
89%
High-School Grad
33.9 sq mi
ZIP Area
1,194
Density / Sq Mi
$70,779
Median Household Income
$29,241
Median Earnings
$1,235
Median Rent
$340,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - R-3 zoned site at an active intersection, suited for multistory commercial or residential development.
Where is this residential land & home lot located?
The property is located at 2045 Reservoir St Harrisonburg, VA.
What are key features of this property?
This property features: 1.3‑acre site currently zoned R‑3; Suited for multistory commercial or residential development based on the site’s topography; Located at a high‑traffic intersection with Reservoir producing more than 19,000 VPD
(540) 271-7525 Call to check price and availability
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