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    55 Baxter Dr Harrisonburg, VA 22801

    Sponsored
    For Sale
    $4,900,000

    Prime commercial development land, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.01-acre commercial land parcel presents a remarkable opportunity for developers seeking a high-visibility location in Harrisonburg, Virginia. Situated conveniently behind Harrisonburg Ford and the newly constructed 2023 Tractor Supply Store, this property boasts exceptional accessibility and high traffic counts. The lot enjoys road frontage on three sides, providing ample options for development and maximizing exposure. The property is zoned B2, offering flexibility for a variety of commercial uses. A lighted intersection with access at W Kaylor Dr/S Main St ensures easy ingress and egress for customers and employees. The strategic location between W Kaylor Park Dr and Baxter Dr, just one street back from S Main St, places the land in the heart of a thriving commercial area. While the property is currently a single parcel, it has the potential to be divided with City approval, allowing for smaller-scale development or the creation of multiple commercial lots. The asking price for this prime development land is $4,900,000. This represents a significant investment opportunity in a rapidly growing market. Don't miss this chance to secure a prominent location for your next commercial venture. The address is 55 Baxter Dr, Harrisonburg, VA 22801.

    Property Features for 55 Baxter Dr

    General Information

    Property type
    Land
    Lot Size
    261,796 SF

    HighLights

    • $4,900,000 asking price.
    • 6.01 acres of commercial land.
    • B2 zoning.
    • Located in Harrisonburg, VA, at 55 Baxter Dr, 22801.
    • High‑visibility location near Harrisonburg Ford and Tractor Supply.
    • Road frontage on three sides.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg City
    State
    Virginia
    Longitude
    -78.904994910138
    Latitude
    38.412770316026

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    FAQs

    What type of property is this?
    Land - Prime commercial development land, ideal location.
    Where is this land located?
    The property is located at 55 Baxter Dr Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: $4,900,000 asking price.; 6.01 acres of commercial land.; B2 zoning.
    (540) 383-6071
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    55 Baxter Dr 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
    55 Baxter Dr Harrisonburg, VA 22801
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