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    1391 Main St Harrisonburg, VA 22802

    For Sale
    $895,000

    1.46 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.46-acre lot presents a remarkable development opportunity in Harrisonburg, Virginia. Located at 1391 N Main St, this high-visibility property is less than a mile from the vibrant downtown area, benefiting from excellent ingress and egress. The site boasts existing water and sewer infrastructure, simplifying development plans. Currently zoned R-2, the property is designated for commercial use in the City's comprehensive plan, paving the way for a seamless transition to commercial development. Its strategic location on a highly trafficked section of North Main Street places it within a rapidly growing area, adjacent to planned apartment and townhome developments, a convenience store, and a new fire station. This prime location offers unparalleled potential for a variety of commercial ventures, capitalizing on the expanding reach of Harrisonburg's downtown core and the high volume of traffic on North Main Street. The asking price for this exceptional property is $895,000. This represents a unique chance to acquire a well-situated parcel poised for significant future growth and return on investment in a thriving Virginia community. The property's zip code is 22802.

    Property Features for 1391 Main St

    General Information

    Property type
    Land
    Lot Size
    63,598 SF

    HighLights

    • $895,000 asking price for 1.46 acres of land.
    • High‑visibility lot less than one mile from Downtown Harrisonburg.
    • Excellent ingress/egress, water, and sewer available on‑site.
    • Currently R‑2 zoned, planned for commercial rezoning per city's comprehensive plan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.85186916
    Latitude
    38.46223964

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    FAQs

    What type of property is this?
    Land - 1.46 Acres, High-Visibility Location
    Where is this land located?
    The property is located at 1391 Main St Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: $895,000 asking price for 1.46 acres of land.; High-visibility lot less than one mile from Downtown Harrisonburg.; Excellent ingress/egress, water, and sewer available on-site.
    Request Owner's contact information
    1391 Main St Harrisonburg, VA 22802
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    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
    1391 Main St Harrisonburg, VA 22802
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