0 Main St Harrisonburg, VA 22801
This exceptional 1.75-acre commercial land parcel presents a remarkable investment opportunity in Harrisonburg, Virginia. Located at 0 S. Main St, 22801, this property boasts a highly desirable location off Route 11, within the S. Main St corridor. Its strategic positioning offers convenient access to Interstate 81, ensuring seamless connectivity for businesses and their clientele. The lot's proximity to a future high school further enhances its appeal, promising a growing population base and increased demand. This versatile land is perfect for a variety of commercial ventures. Consideration will be given to contractors seeking a build-to-suit option, or businesses in need of ample space, such as self-storage facilities or RV storage. The asking price for outright purchase is $787,000. Alternatively, a ground lease option is available at an annual rate of $85,000. This presents a flexible approach for investors seeking different investment strategies. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Virginia location. Act quickly, as opportunities like this are rare.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.