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    Mount Clinton Pike Harrisonburg, VA 22802

    Sponsored
    For Sale
    $960,400

    Prime 12-acre commercial/industrial lot in Harrisonburg, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12-acre parcel presents a unique opportunity for commercial or industrial development in Harrisonburg, Virginia. Located on Mt. Clinton Pike, a high-traffic thoroughfare boasting 6,500 AADT and growing, this property offers unparalleled visibility and accessibility. Its strategic location between major corridors and within three miles of I-81 ensures convenient access for businesses and employees. The lot is situated at road grade, minimizing development costs, and benefits from readily available infrastructure, including an 8-inch water line and an 8-inch sewer line already on-site. Zoned M1, this versatile land allows for a range of development possibilities. The extensive road frontage provides ample space for multiple commercial entrances, maximizing visibility and potential. This property is situated in one of Harrisonburg-Rockingham's most established industrial areas, offering a strong foundation for future growth and success. The asking price is $960,400, and the APN is 045 A 8. This is a rare opportunity to acquire a sizable, well-located parcel ready for immediate development. Don't miss out on this chance to build your business in a thriving area.

    Property Features for 0 Mount Clinton Pike

    General Information

    Property type
    Land
    Lot Size
    522,720 SF

    HighLights

    • $960,400 asking price for 12 acres of commercial/industrial land.
    • M1 zoning.
    • Located in Harrisonburg, VA, on Mt. Clinton Pike (APN: 045 A 8).
    • High traffic area (6,500 AADT), with convenient I‑81 access.
    • Utilities readily available (8" water and sewer lines).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harrisonburg
    County
    Harrisonburg City
    State
    Virginia
    Longitude
    -78.855015007269
    Latitude
    38.466406705125

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    FAQs

    What type of property is this?
    Land - Prime 12-acre commercial/industrial lot in Harrisonburg, VA
    Where is this land located?
    The property is located at Mount Clinton Pike Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $960,400.
    What are key features of this property?
    This property features: $960,400 asking price for 12 acres of commercial/industrial land.; M1 zoning.; Located in Harrisonburg, VA, on Mt. Clinton Pike (APN: 045 A 8).
    Request Owner's contact information
    Mount Clinton Pike Harrisonburg, VA 22802
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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
    Mount Clinton Pike Harrisonburg, VA 22802
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