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    561 Belle Cir Harrisonburg, VA 22801

    For Lease
    $9 SF/Yr

    Prime Industrial Space, I-81 Access

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 50,000-square-foot industrial warehouse in Harrisonburg, Virginia, presents a significant opportunity. The single-tenant building features eight 6,250-square-foot bays, offering efficient layout and ample space. Column spacing is approximately 30 feet side-to-side and 40 feet front-to-back, maximizing usability. Clear height ranges from 23 to 27.7 feet, accommodating various storage and operational needs. The property boasts robust infrastructure, including nine dock-high doors (two with levelers), one drive-in door (11.6' wide x 13.6' tall), propane heat, LED lighting, and 600-amp power. The warehouse is currently fully racked, and the owner may be willing to sell the racking to a suitable tenant. Its strategic location provides easy access to Interstate 81, via exits 243 (Harrisonburg) and 240 (Mount Crawford), ensuring seamless logistics and distribution. The property is zoned I1 and situated in Rockingham County. This is a Net, Net, Net (NNN) lease opportunity.

    Property Features for 561 Belle Cir

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    50,000 SF
    Rate per SF
    $9

    HighLights

    • 50,000‑square‑foot industrial warehouse in Harrisonburg, VA.
    • Single‑tenant building with eight 6,250‑square‑foot bays.
    • Clear heights ranging from 23 to 27.7 feet, with 30' x 40' column spacing.
    • Nine dock‑high doors (two with levelers), one drive‑in door, propane heat, LED lighting, and 600‑amp power.
    • Fully racked; racking may be available for purchase.
    • Excellent I‑81 access (Exits 243 & 240); I‑1 zoning in Rockingham County; NNN lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Hotel & Motel Clothing Store Auto Parts Store Building Supply Department Store Kitchen & Bath Grocery Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.9141965
    Latitude
    38.3849803

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    FAQs

    What type of property is this?
    Distribution property - Prime Industrial Space, I-81 Access
    Where is this distribution property located?
    The property is located at 561 Belle Cir Harrisonburg, VA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 50,000-square-foot industrial warehouse in Harrisonburg, VA.; Single-tenant building with eight 6,250-square-foot bays.; Clear heights ranging from 23 to 27.7 feet, with 30' x 40' column spacing.
    Request Owner's contact information
    561 Belle Cir Harrisonburg, VA 22801
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    Harrisonburg, VA 22801
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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
    561 Belle Cir Harrisonburg, VA 22801
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