1001 Port Republic Rd Harrisonburg, VA 22801
For Sale
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For Sale: Prime Commercial Lot – 2 Acres on Port Republic Road This fully graded 2-acre lot, complete with all utilities, is development-ready for a split-level retail or office complex. Located in a high-demand area, this property offers a unique opportunity for businesses to thrive. Property Highlights: Lot Features: Fully graded and access to all utilities. Development Potential: Ideal for a split-level retail or office complex. Strategic Location: Less than 2 miles from Sentara RMH Medical Center. Two-thirds of a mile from James Madison University's main campus. Directly across from JMU's Athletic Park. Within walking distance of over 12,000 student housing beds. 2,500 feet from I-81 Exit 245. High visibility with 27,000 vehicles per day on Port Republic Road. Nearby Amenities: Food Lion, Orange Theory, Tropical Smoothie, McDonald’s, ABC Store, Vito’s Pizza, Dunkin’ Donuts, and other shops and services are in close proximity, adding convenience for potential customers. Zoning and Details: Zoning: B2 (Commercial). Height Restriction: 25 feet. Price: $1,500,000. Broker’s Commission: 2%. With its excellent location, ready-to-develop condition, and proximity to major destinations, this lot is an ideal investment for a commercial venture. Contact us today for more information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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