0 Tbd Erickson Ave Harrisonburg, VA 22801
This exceptional 1.15-acre commercial lot presents a prime development opportunity in Harrisonburg, Virginia. Located on Tbd Erickson Ave, in Rockingham County, zip code 22801 (latitude 38.4353769, longitude -78.9082359), this property boasts a highly desirable B2 zoning designation, opening doors to a variety of commercial uses. Situated within a thriving professional office park, the lot offers excellent visibility and accessibility, directly across from a Walmart entrance on a busy bypass road. Preliminary engineering plans indicate the potential for a building of up to 8,000 square feet, making it ideal for office, retail, or other business ventures. The asking price for this strategically located parcel is $144,900. This is a rare chance to acquire a well-positioned commercial lot with significant development potential in a rapidly growing area. The property's location ensures high traffic volume and exposure, promising strong returns on investment. Don't miss this opportunity to secure a foothold in a vibrant and expanding commercial market. Serious inquiries are encouraged.
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
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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.