Flex Space with Route 11
New
For Sale
$5,250,000
3226 North Valley Pike, Harrisonburg, VA 22802
Large-scale flex facility with commercial vehicle service tenancy and direct access to a major freight corridor.
Property Size52,839 SF
Lot Size6.26 Acres
Price / SF$100.96
Days on Market3
Property Features for 3226 North Valley Pike
General Information
Standard status
Active
Size
52,839 SF
Lot size
6.26 Acres
Property subtype
Industrial
Site & Location
Traffic Count
52,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Cap Rate
6.92%
Building Details
Building Size
52,839 SF
Tenancy
Multi
Listing Agency:
Cottonwood Commercial LLC
Listed By:
Craig Anders · License #0225231207
(540) 383-6054
Source:
Tcnworldwide
Added: Sep 20
Last Checked: Sep 22 at 3:39PM
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 LLC
Investment Insights
Based on property information with market context.
This 52,000-square-foot flex industrial facility occupies 6.26 acres with a flat site configuration that supports fleet staging. The property is occupied by two commercial vehicle service tenants: Rice Tire, which has operated at the location for 13+ years, and Vanguard Truck Centers. The asset reports a 6.92% CAP rate.
Located at 3226 North Valley Pike in Harrisonburg, Virginia, the property offers Route 11 frontage and sits 1/2 mile from the I-81 interchange. I-81 carries 52,000 AADT at this corridor, connecting the facility to regional freight movement and the surrounding agricultural economy. The site is also positioned along a major East Coast logistics corridor.
Located at 3226 North Valley Pike in Harrisonburg, Virginia, the property offers Route 11 frontage and sits 1/2 mile from the I-81 interchange. I-81 carries 52,000 AADT at this corridor, connecting the facility to regional freight movement and the surrounding agricultural economy. The site is also positioned along a major East Coast logistics corridor.
Key Highlights
- 52,000 SF flex industrial facility on 6.26 acres
- 6.92% CAP rate
- Route 11 frontage with visibility from the corridor
Property Analytics
Current Use
Lease Details
52,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22802, VA
28,383
Population
11,957
Households
2.4
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
91.0 sq mi
ZIP Area
312
Density / Sq Mi
$62,116
Median Household Income
$36,875
Median Earnings
$1,101
Median Rent
$259,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Large-scale flex facility with commercial vehicle service tenancy and direct access to a major freight corridor.
Where is this flex space located?
The property is located at 3226 North Valley Pike Harrisonburg, VA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 52,000 SF flex industrial facility on 6.26 acres; 6.92% CAP rate; Route 11 frontage with visibility from the corridor
