Property profile

00 Reservoir St Harrisonburg, VA 22801

OFF-MARKET
Land
0.61 ac lot
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Property summary

AI-generated overview

This exceptional 0.61-acre commercial land parcel presents a unique investment opportunity in the vibrant city of Harrisonburg, Virginia. Located at 00 Reservoir Street, zip code 22801, this property offers significant potential for a variety of commercial ventures. The land is conveniently situated within Harrisonburg County, providing easy access to key transportation routes and a thriving local economy. With its generous 0.61-acre size, the site offers ample space for development, allowing for flexibility in design and construction plans. The asking price for this prime commercial land is $350,000. This represents a compelling investment opportunity in a rapidly growing area of Virginia. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their specific commercial project. The property's address is clearly identified as 00 Reservoir St, Harrisonburg, VA 22801, facilitating straightforward location verification and site visits. This is a rare chance to acquire a sizable commercial lot in a desirable location, making it an attractive proposition for developers and investors alike. The property's size and location combine to create a strong foundation for future commercial success. Serious inquiries are welcome.

Property profile

Verified
Property type Land
Lot 0.61 ac (26,572 SF)

Cap rate & NOI

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

Location

00 Reservoir St Harrisonburg, VA 22801
Harrisonburg metro
Google Maps

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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