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Property profile & analytics
OFF-MARKET
Land

1255 Greendale Rd Harrisonburg, VA 22801

9.19 ac lot
Property ID
Property summary
AI-generated overview

Exceptional development opportunity awaits in Harrisonburg, VA. This 9.19-acre parcel, zoned R1, presents significant potential for residential construction within city limits. The property boasts ample road frontage on Greendale Road, straddling the city/county line, with potential access via Landon Drive. Public water and sewer are readily available, eliminating infrastructure hurdles. Previous plans envisioned a phased development with up to 35 lots, though alternative development schemes are feasible. The land's location offers a rare opportunity, given the limited availability of buildable land within the city. Detailed site plans indicate the presence of a 12-inch public water main and an 8-inch public sanitary sewer main within the Greendale Road right-of-way. This prime location is further enhanced by the availability of an adjoining 81+ acre parcel (zoned A2) in the county, also for sale separately. This presents a unique chance to acquire a substantial land holding for a large-scale development or a strategic land banking opportunity. The asking price for this exceptional 9.19-acre property is $825,000. Don't miss this chance to secure a piece of Harrisonburg's future. The property is located at 1255 Greendale Rd, Harrisonburg, VA 22801.

Property profile
Verified
Property type Land
Lot 9.19 ac (400,316 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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