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    1936 Medical Ave Harrisonburg, VA 22801

    Sponsored
    Picture of Commercial land at Medical Ave 1936, Harrisonburg, VA
    For Sale
    $995,000

    Commercial - HARRISONBURG, VA

    Lot size:
    1.30 Acres
    Days on Market:
    114
    Last Refresh:
    Jan 8 at 7:06 am

    Property Features for 1936 Medical Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2 General Business
    Lot size
    1.30 Acres

    Building Details

    Architectural style
    Other

    TRIANGLE REALTORS (540) 885-5181

    Listing agent PETER WRAY (540) 885-5181

    Listing date Sep 17, 2025

    MLS# 648717 Listing URL

    Copyright © 2026 Greater Augusta Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land in Harrisonburg

    This 1.3-acre commercial land parcel is situated in the heart of Harrisonburg's commercial district. The property is adjacent to the Residence Inn by Marriott and Fairfield Inn by Marriott and is located minutes from James Madison University (JMU) campus and Interstate 81. The zoning is B-2 General Business. This is one of the few remaining raw land parcels in this area. The property will be deed restricted against hotel use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -78.853089
    Latitude
    38.427732

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    FAQs

    What type of property is this?
    Commercial land - Well-located commercial land parcel near JMU and I-81.
    Where is this commercial land located?
    The property is located at 1936 Medical Ave Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Harrisonburg's commercial activity.; - One of the few remaining raw land parcels in the area.; - Minutes from JMU campus and I-81.
    (540) 849-9020
    Request Owner's contact information
    1936 Medical Ave 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
    1936 Medical Ave Harrisonburg, VA 22801
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