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    Naomis Way Harrisonburg, VA 22801

    Sponsored
    For Sale
    $599,900

    1.2-Acre Pad-Ready Site, B1C Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.2-acre commercial lot, identified as Lot 7 in Coffman's Corner, presents a unique investment opportunity in Harrisonburg, Virginia. Located at the highly visible corner of Stone Spring Road and Port Republic Road, this flat, pad-ready site is zoned B1C, offering considerable flexibility for a variety of commercial uses. Its strategic location directly across from Rockingham Memorial Hospital makes it particularly well-suited for medical-related businesses, but its versatility extends to financial institutions, professional offices, and other commercial ventures. The property boasts a significant advantage: it's situated in Rockingham County, eliminating BPOL taxes, thereby enhancing its overall financial attractiveness. The asking price for this exceptional parcel is $599,900. Given its prime location amidst burgeoning development in the area, and its ready-to-build status, this lot is expected to generate significant interest and is poised for rapid sale. The address is Naomis Way, Harrisonburg, VA 22801. This is a rare opportunity to acquire a highly desirable commercial property in a thriving market. The lot's flat terrain simplifies construction, minimizing potential development challenges and accelerating the timeline for project completion. Don't miss this chance to secure a prime location in a rapidly growing area.

    Property Features for 0 Naomis Way

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • 1.2‑acre commercial lot in Harrisonburg, VA, Lot 7 of Coffman's Corner.
    • Located at the highly visible intersection of Stone Spring Rd and Port Republic Rd, across from Rockingham Memorial Hospital.
    • B1C zoning allows for diverse commercial uses, including medical, financial, and professional offices.
    • Pad‑ready site with flat terrain, minimizing development challenges.
    • No BPOL taxes due to Rockingham County location.
    • Asking price: $599,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harrisonburg
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.866176890642
    Latitude
    38.40246239422

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    FAQs

    What type of property is this?
    Land - 1.2-Acre Pad-Ready Site, B1C Zoning
    Where is this land located?
    The property is located at Naomis Way Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: 1.2-acre commercial lot in Harrisonburg, VA, Lot 7 of Coffman's Corner.; Located at the highly visible intersection of Stone Spring Rd and Port Republic Rd, across from Rockingham Memorial Hospital.; B1C zoning allows for diverse commercial uses, including medical, financial, and professional offices.
    (540) 437-3576
    Request Owner's contact information
    Naomis Way 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
    Naomis Way Harrisonburg, VA 22801
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