1255 Greendale Rd Harrisonburg, VA 22801
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.