Financial
Distress signals
Property profile

1790 E Market St Harrisonburg, VA 22801

FOR LEASE
Strip malls
Property ID
US87-2545706
178,362 SF 19.68 ac lot Built 1988
Last sale Jul 2023 · $23,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1790 E Market St, Harrisonburg, VA 22801 For Lease
$23,220,000 28,044 SF available
1790 E Market St, Harrisonburg, VA 22801
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Property summary

AI-generated overview

This retail shopping center includes multiple leasing spaces totaling 28,044 square feet as well as smaller spaces measuring 1,596 square feet and 1,260 square feet. The center is located approximately one mile from James Madison University. The shopping center is anchored by Kroger, TJ Maxx, and Planet Fitness, with a tenant mix consisting of national, regional, and local retailers. The property is positioned along East Market Street, which has an estimated traffic count of 50,000 ADT.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$160k
Tax billed · 2021
Assessed value$17.80M
Assessed land$9.43M
Assessed improvement$8.37M
Effective rate0.90%

Value estimate

· Sep 2026
$23.22M
$20.90M – $25.54M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GENERAL BUSINESS
JurisdictionHARRISONBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.8
HVAC Service10.4
Storage Facility9.9

Location

1790 E Market St Harrisonburg, VA 22801
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1171 High, Harrisonburg, VA 22801-1500 $750,000 Jan 2021 6,367 SF
182 Neff, Harrisonburg, VA 22801-3488 $2,800,000 Sep 2019 44,770 SF
1866 Market, Harrisonburg, VA 22801-5111 $3,775,000 Jul 2019 36,697 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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