Flex Property with Fleet
For Sale
$5,250,000
3226 NORTH VALLEY PIKE, Harrisonburg, VA 22801
Two commercial vehicle service tenants occupy a site with Route 11 frontage and substantial fleet staging area.
Property Size52,839 SF
Lot Size6.26 Acres
Price / SF$99.36
Days on Market50
Property Features for 3226 NORTH VALLEY PIKE
General Information
Standard status
Active
Size
52,839 SF
Lot size
6.26 Acres
Property subtype
Building
Site & Location
Traffic Count
52,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Current Tenants
Rice Tire, Vanguard Truck Centers
Real Estate Included
Yes
Additional Details
Cap Rate
6.92%
Property Use
Flex Industrial
Building Details
Building Size
52,839 SF
Year Built
1961
Tenancy
Multi
Listing Agency:
Connexa Real Estate
Listed By:
Brad Cohen · License #0225217866
(540) 908-3845
Source:
Connexare
Added: Sep 8
Changed: Oct 26
Last Checked: Oct 26 at 2:42PM
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 Connexa Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex industrial property occupies 6.26 acres and dates to 1961. Its commercial vehicle service tenants are Rice Tire, with 13+ years at the site, and Vanguard Truck Centers, which has made operationally tailored investments in the facility. The property reports a 6.92% cap rate and includes land used for fleet staging.
Route 11 frontage connects the site to a regional freight corridor, and the I-81 interchange is 1/2 mile away. I-81 traffic is reported at 52,000 AADT, and a three-lane widening project valued at more than $200 million is underway. The property is located in an agriculture-based economy.
Route 11 frontage connects the site to a regional freight corridor, and the I-81 interchange is 1/2 mile away. I-81 traffic is reported at 52,000 AADT, and a three-lane widening project valued at more than $200 million is underway. The property is located in an agriculture-based economy.
Key Highlights
- 6.26‑acre flex industrial property
- 6.92% cap rate
- Route 11 frontage; 1/2 mile from the I‑81 interchange
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 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
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two commercial vehicle service tenants occupy a site with Route 11 frontage and substantial fleet staging area.
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: 6.26‑acre flex industrial property; 6.92% cap rate; Route 11 frontage; 1/2 mile from the I‑81 interchange
