Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3191 Peoples Dr Harrisonburg, VA 22801

    Sponsored
    For Sale
    $395,000

    Harrisonburg, VA - B-2 Zoning, I-81 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1-acre commercial lot, situated in the thriving Hammond Professional Park in Harrisonburg, Virginia, presents a unique investment opportunity. Located at 3191 Peoples Drive, Lot 3, this property boasts convenient access to Interstate 81 via exit 243, ensuring seamless connectivity for businesses and employees. The B-2 zoning allows for a wide range of commercial uses, making it ideal for various development projects. Water and sewer connections are readily available, simplifying the construction process. The strategic location also offers easy access to South Main Street, providing excellent visibility and accessibility. This property is situated within a designated Virginia Opportunity Zone, potentially offering significant tax advantages for investors. The asking price is $395,000. Note that additional acreage in the immediate vicinity is also available for purchase, providing potential for expansion or consolidation. This prime location, coupled with its zoning and infrastructure, makes this a highly attractive investment prospect in a rapidly growing area. The property's address is 3191 Peoples Dr, Harrisonburg, VA 22801.

    Property Features for 3191 Peoples Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • One‑acre lot in Hammond Professional Park.
    • Excellent I‑81 access via Exit 243.
    • Adjacent lots also available.
    • $325,000.
    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
    Rockingham
    State
    Virginia
    Longitude
    -78.907996
    Latitude
    38.410412

    Nearby Similar for Sale

    • $6,650,000
      42,000 SF

      High-Security Building Near JMU

      Premium high-security building on 7.55 acres near JMU.
      1450 Technology Dr, Harrisonburg, VA 22802
      View Details
    • $2,200,000
      7,197 SF

      Harrisonburg Office Building For Sale

      7,200 SF professional office building in high-traffic location.
      530 Neff Ave, Harrisonburg, VA 22801
      View Details
    • $3,595,000
      22,088 SF

      Versatile Commercial Building Near I-81

      22,088 SF commercial property ideal for retail or warehousing.
      1740 E Market St, Harrisonburg, VA 22801
      View Details
    • $950,000
      4,960 SF

      Downtown Harrisonburg Office Building For Sale

      Two-story office building in downtown Harrisonburg with income potential.
      66 W Water St, Harrisonburg, VA 22801
      View Details
    • $3,750,000
      7,110 SF

      Restaurant Building Near James Madison University

      Restaurant building near university with high capacity kitchen and parking.
      350 University Blvd, Harrisonburg, VA 22801
      View Details
    • $629,900
      Pending

      Turn-Key Medical Office Condo

      Fully equipped medical suite in a thriving commercial area.
      1947 Medical Ave, Harrisonburg, VA 22801
      View Details
    • $1,849,000
      6,656 SF

      Harrisonburg Multifamily Investment Opportunity

      14-unit apartment building near JMU, Valley Mall, and downtown.
      91 Dutch Mill Ct, Harrisonburg, VA 22801
      View Details
    • $1,849,000
      6,656 SF

      Harrisonburg Multifamily Investment Opportunity

      14-unit apartment building near JMU, Valley Mall, and downtown.
      91 Dutch Mill Ct, Harrisonburg, VA 22801
      View Details
    • $1,200,000
      7,560 SF

      New Construction Warehouse/Flex Space

      New construction warehouse/flex space for sale or lease in Harrisonburg.
      979 Sawtooth Oak Cir, Harrisonburg, VA 22802
      View Details
    • $1,199,900
      Pending

      Historic Building in Downtown Harrisonburg

      Spacious building with parking in the heart of Harrisonburg.
      227 NORTH Main St, Harrisonburg, VA 22802
      View Details
    • $999,000
      4,600 SF

      Renovated Flex Space on Rt. 42

      Multi-use commercial space ideal for various business types.
      1090 Virginia Ave, Harrisonburg, VA 22802
      View Details
    • $2,295,000
      12,920 SF

      Harrisonburg Commercial Building with Showroom

      12,920 SF commercial facility in downtown Harrisonburg, Virginia.
      60 E Rock St, Harrisonburg, VA 22802
      View Details

    FAQs

    What type of property is this?
    Land - Harrisonburg, VA - B-2 Zoning, I-81 Access
    Where is this land located?
    The property is located at 3191 Peoples Dr Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: One-acre lot in Hammond Professional Park.; Excellent I-81 access via Exit 243.; Adjacent lots also available.
    Request Owner's contact information
    3191 Peoples Dr Harrisonburg, VA 22801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3191 Peoples Dr
    Harrisonburg, VA 22801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3191 Peoples Dr Harrisonburg, VA 22801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.