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Prime Development Opportunity Near I-81
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55 Baxter Dr, Harrisonburg, VA 22801

6.01± acres ideal for commercial, retail, or mixed-use development.

Property SizeContact for details
Lot Size6.01 Acres
Days on Market934

Property Features for 55 Baxter Dr

General Information

Standard status Active
Lot size 6.01 Acres
Property subtype Land
Zoning B2
Listing Agency: Cottonwood Commercial
Listed By: Ashley Swartz · License #VA
Source: Crexi
Added: Feb 1, 2024 Changed: Aug 21 Last Checked: Aug 22 at 3:12PM

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 6.01± acre parcel presents a prime development opportunity located just off I-81 at Exit 243, behind Harrisonburg Ford and the new 2023 Tractor Supply. Situated at a lighted intersection of W Kaylor Dr and S Main St, the property is located one street back from S Main and features road frontage on three sides. Access to S Main and I-81 provides excellent visibility and connectivity. The site is ideal for commercial, retail, or mixed-use development. The property can be subdivided with City approval. Traffic counts exceed 58,000 vehicles per day on I-81, with projections exceeding 81,000 by 2047. S Main St (US-11) is a key arterial with heavy daily traffic and strong exposure. Located within Harrisonburg’s Urban Growth Area, the property is surrounded by national retailers and key commercial anchors. The site features favorable topography and utility availability, making it development-ready. It also offers excellent signage potential and strong long-term value in one of the city’s fastest-growing corridors.

Key Highlights

  • Prime development opportunity with high visibility and connectivity just off I‑81 (Exit 243) and access to S Main St.
  • High traffic counts exceeding 58,000 vehicles/day on I‑81, projected to increase.
  • Located at a lighted intersection (W Kaylor Dr / S Main St) and surrounded by national retailers.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

361
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
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Frequently Asked Questions

What type of property is this?
Commercial land - 6.01± acres ideal for commercial, retail, or mixed-use development.
Where is this commercial land located?
The property is located at 55 Baxter Dr Harrisonburg, VA.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Prime development opportunity with high visibility and connectivity just off I‑81 (Exit 243) and access to S Main St.; High traffic counts exceeding 58,000 vehicles/day on I‑81, projected to increase.; Located at a lighted intersection (W Kaylor Dr / S Main St) and surrounded by national retailers.
(540) 383-6071 Call to check price and availability
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