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    Valley Pike Harrisonburg, VA 22801

    Sponsored
    For Sale
    $1,650,000

    14.46 Acres, B1 Zoning, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 14.46-acre commercial land parcel presents a unique investment opportunity in Harrisonburg, Virginia. Located on N Valley Pike in Rockingham County (zip code 22801), this property boasts B1 zoning, offering considerable flexibility for a variety of commercial developments. The seller is open to subdividing the land, potentially selling a portion separately, with pricing to be negotiated based on the size of the parcel. The strategic location offers significant advantages, positioned ideally to benefit from the high traffic volume generated by the nearby Pilot Truck Stop. This makes it particularly well-suited for businesses catering to the trucking industry, such as restaurants, truck washes, or repair facilities. However, it's important to note that some uses may require rezoning. Conveniently, Rockingham County water and sewer services are readily available, simplifying the development process. This prime location and flexible options make this a highly attractive proposition for developers seeking a strategic foothold in a thriving commercial area. The property's latitude and longitude coordinates are 38.480603898859, -78.81858394002924 respectively. The asking price for the entire 14.46-acre tract is $1,650,000.

    Property Features for 0 Valley Pike

    General Information

    Property type
    Land
    Lot Size
    629,878 SF

    HighLights

    • 14.46‑acre commercial land parcel in Harrisonburg, VA (22801).
    • B1 zoning allows for diverse commercial development.
    • Seller will consider subdividing the land.
    • High‑traffic location near Pilot Truck Stop, ideal for trucking‑related businesses.
    • Rockingham County water and sewer available.
    • Asking price: $1,650,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harrisonburg
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.818583940029
    Latitude
    38.480603898859

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    FAQs

    What type of property is this?
    Land - 14.46 Acres, B1 Zoning, Development Ready
    Where is this land located?
    The property is located at Valley Pike Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 14.46-acre commercial land parcel in Harrisonburg, VA (22801).; B1 zoning allows for diverse commercial development.; Seller will consider subdividing the land.
    (540) 437-3576
    Request Owner's contact information
    Valley Pike 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
    Valley Pike Harrisonburg, VA 22801
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