1741 Market St Harrisonburg, VA 22801
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.
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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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.