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    847 M.l.k. Jr Way Harrisonburg, VA 22801

    Sponsored
    For Lease
    $14 SF/Yr ($14,304 /Mo)

    11,482 SF Office, Multiple Uses Available

    Lot size:
    11,482 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    Copperstone 1 presents a remarkable opportunity to lease a versatile 11,482 square foot office building, ideally situated on MLK Jr Way. This two-story, 1980-constructed building offers a flexible layout perfect for a variety of businesses. Currently entirely vacant, the space boasts a welcoming lobby and reception area, private offices, and spacious conference rooms, catering to diverse needs. The building's design is complemented by professional signage and excellent curb appeal, ensuring high visibility. Ample parking is available both in front and behind the building, providing convenient access for employees and clients. The zoning is B-2, allowing for a range of commercial uses including executive office, medical office, coworking, and creative office spaces. The space is offered as a triple net (NNN) lease, providing transparency and predictability in operating costs. With its strategic location, functional design, and ample parking, Copperstone 1 is an exceptional opportunity for businesses seeking a prominent and well-equipped office space. The entire 11,482 square feet is available for lease.

    Property Features for 847 M.l.k. Jr Way

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,482 SF
    Total Rate
    14304.66

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor
    Size
    5,907 SF
    Rate per SF
    $14

    HighLights

    • 11,482 SF office building available for lease.
    • Fully vacant, offering 11,482 square feet of leasable space.
    • Two‑story building constructed in 1980.
    • Multiple suites available, suitable for executive, medical, coworking, or creative office uses.
    • Prominent location on MLK Jr Way with ample parking.
    • Features include private offices, large conference rooms, and a welcoming reception area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Harrisonburg
    County
    Harrisonburg City
    State
    Virginia
    Longitude
    -78.8561598
    Latitude
    38.4410107

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    FAQs

    What type of property is this?
    Office space - 11,482 SF Office, Multiple Uses Available
    Where is this office space located?
    The property is located at 847 M.l.k. Jr Way Harrisonburg, VA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 11,482 SF office building available for lease.; Fully vacant, offering 11,482 square feet of leasable space.; Two-story building constructed in 1980.
    Request Owner's contact information
    847 M.l.k. Jr Way 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
    847 M.l.k. Jr Way Harrisonburg, VA 22801
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