Property profile

0 Valley Pike Harrisonburg, VA 22801

OFF-MARKET
Land
14.46 ac lot
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Property summary

AI-generated overview

This exceptional 14.46-acre commercial land parcel presents a unique investment opportunity in Harrisonburg, Virginia. Located on N Valley Pike in Rockingham County (zip code 22801), this property boasts B1 zoning, offering considerable flexibility for a variety of commercial developments. The seller is open to subdividing the land, potentially selling a portion separately, with pricing to be negotiated based on the size of the parcel. The strategic location offers significant advantages, positioned ideally to benefit from the high traffic volume generated by the nearby Pilot Truck Stop. This makes it particularly well-suited for businesses catering to the trucking industry, such as restaurants, truck washes, or repair facilities. However, it's important to note that some uses may require rezoning. Conveniently, Rockingham County water and sewer services are readily available, simplifying the development process. This prime location and flexible options make this a highly attractive proposition for developers seeking a strategic foothold in a thriving commercial area. The property's latitude and longitude coordinates are 38.480603898859, -78.81858394002924 respectively. The asking price for the entire 14.46-acre tract is $1,650,000.

Property profile

Verified
Property type Land
Lot 14.46 ac (629,878 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Valley Pike Harrisonburg, VA 22801
Harrisonburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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