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    1071 Port Republic Rd Harrisonburg, VA 22801

    For Sale
    $5,000,000

    Three Suites Available, Bexar County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    West Plaza, a single-story retail center in Bexar County, offers an excellent opportunity for businesses seeking immediate occupancy. This property totals 29,588 square feet and comprises nine suites within a single building. Currently, three contiguous retail spaces are available, each measuring 3,002 square feet. The minimum divisible space is also 3,002 square feet, making it ideal for a variety of retail concepts. The property is zoned C2, providing flexibility for various commercial uses. The center is conveniently located with excellent access via Nassau Drive. The building features a total of 29,588 square feet, with 3,002 square feet currently vacant and ready for immediate lease. The estimated Net, Net, Net (NNN) expenses are $4.41 per square foot annually. The lease rate is available upon request. This prime retail location presents a unique opportunity to establish or expand your business in a thriving area. The property's convenient location and ample space make it an attractive option for businesses seeking high visibility and accessibility. Interested parties should inquire about lease rates and further details. The property's single-story design offers easy access and maneuverability for both customers and employees. The available space is contiguous, providing flexibility for businesses requiring larger footprints. This is a rare opportunity to secure prime retail space in a desirable location.

    Property Features for 1071 Port Republic Rd

    General Information

    Property type
    Land
    Lot Size
    431,680 SF

    HighLights

    • Retail property totaling 29,588 square feet.
    • Single‑story building with nine suites.
    • 3,002 square feet of vacant space available, minimum divisible space is 3,002 square feet.
    • Located in Bexar County, near Nassau Drive.
    • C2 zoning.
    • Lease rate and estimated NNNs available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -78.872545
    Latitude
    38.418745

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    FAQs

    What type of property is this?
    Land - Three Suites Available, Bexar County
    Where is this land located?
    The property is located at 1071 Port Republic Rd Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: Retail property totaling 29,588 square feet.; Single-story building with nine suites.; 3,002 square feet of vacant space available, minimum divisible space is 3,002 square feet.
    Request Owner's contact information
    1071 Port Republic Rd 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
    1071 Port Republic Rd Harrisonburg, VA 22801
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