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Property profile & analytics
OFF-MARKET
Land

1741 Market St Harrisonburg, VA 22801

1.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.67-acre commercial land parcel, located at 1741 E Market St, Harrisonburg, VA 22801, presents a unique investment opportunity. Zoned B2, this property is ideally suited for a variety of commercial developments, including retail, office, or potentially a hotel. Its strategic location offers unparalleled access to a substantial consumer base exceeding 200,000 individuals within the trade area, complemented by a robust daytime workforce of over 46,000 employees. The proximity to James Madison University, with its 22,000 students, further enhances the property's appeal. High traffic volume, with over 32,000 vehicles traversing E Market Street daily, ensures significant visibility and accessibility. The site is surrounded by established national retailers, providing a strong foundation for future development. The asking price for this exceptional property is $990,000. Detailed covenants and restrictions are available upon request. This is a rare opportunity to acquire a prime commercial lot in a thriving Virginia market. Don't miss out on this chance to capitalize on the significant potential of this exceptional location.

Property profile
Verified
Property type Land
Lot 1.67 ac (72,745 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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