1071 Port Republic Rd Harrisonburg, VA 22801

OFF-MARKET

Commercial land

Property ID

US87-Q050559

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- Great housing, mixed use, or light industrial site near James Madison university - Current vacancy rates 2.7% for the residential market - Few new student or multifamily developments have created demand build up - Prominent location at port republic and peach grove ave. - Easy access to Interstate 81 and major thoroughfares - Harrisonburg serves JMU, bridgewater college and eastern mennonite university housing needs - Zoned B-2 allowing a variety of uses

Property type Commercial land

UPID US87-Q050559

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1071 Port Republic Rd Harrisonburg, VA 22801

Harrisonburg metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

$1,790,000

3.95 Acres

R-3 Development Land Opportunity

Nearly four-acre R-3 zoned parcel with city water and sewer available, suited for multi-family development planning.

2567 RESERVOIR ST, Harrisonburg, VA 22801

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Contact for pricing
2.00 Acres

Prime Commercial Lot For Sale

2-acre commercial lot ready for development near JMU campus.

1001 Port Republic Rd, Harrisonburg, VA 22801

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$2,990,000

6.01 Acres

Commercial Development Land with Road Frontage

6.01-acre B-2 site with frontage on three sides and easy access to S Main and I-81 for flexible commercial development.

55 BAXTER DR, Harrisonburg, VA 22801

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$1,650,000

14.46 Acres

Commercial Land Near Interstate

B-1 commercial zoning with public water and sewer availability near interstate access.

N VALLEY PIKE, Harrisonburg, VA 22801

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Commercial Land with VDOT Entrance

Commercial land with existing water, sewer, and a VDOT-approved entrance on South Main Street.

4030 South Main, Harrisonburg, VA 22801

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New

$350,000

0.61 Acres

Commercial Land Parcel Zoned B-1

A 0.61-acre commercial land parcel zoned B-1 Business General in Rockingham, VA.

Harrisonburg, VA 22801

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Similar Nearby for Sale

$1,790,000

3.95 Acres

R-3 Development Land Opportunity

Nearly four-acre R-3 zoned parcel with city water and sewer available, suited for multi-family development planning.

2567 RESERVOIR ST, Harrisonburg, VA 22801

View Details
Contact for pricing
2.00 Acres

Prime Commercial Lot For Sale

2-acre commercial lot ready for development near JMU campus.

1001 Port Republic Rd, Harrisonburg, VA 22801

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$2,990,000

6.01 Acres

Commercial Development Land with Road Frontage

6.01-acre B-2 site with frontage on three sides and easy access to S Main and I-81 for flexible commercial development.

55 BAXTER DR, Harrisonburg, VA 22801

View Details
$1,650,000

14.46 Acres

Commercial Land Near Interstate

B-1 commercial zoning with public water and sewer availability near interstate access.

N VALLEY PIKE, Harrisonburg, VA 22801

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Contact for pricing

Commercial Land with VDOT Entrance

Commercial land with existing water, sewer, and a VDOT-approved entrance on South Main Street.

4030 South Main, Harrisonburg, VA 22801

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New

$350,000

0.61 Acres

Commercial Land Parcel Zoned B-1

A 0.61-acre commercial land parcel zoned B-1 Business General in Rockingham, VA.

Harrisonburg, VA 22801

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Similar Nearby for Lease

Contact for pricing

Drive-Thru Development Land

Frontage on East Market Street with ~29,000 vehicles daily and flexible drive-thru or multi-tenant development options.

1870 E Market St, Harrisonburg, VA 22801

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Ground-Lease Commercial Land in B-2

General business ground lease with access via signalized intersection and exposure to traffic on Stone Spring Road and Port Republic Road.

STONE SPRING RD lot: 26, Harrisonburg, VA 22801

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New

Contact for pricing
0.91 Acres

High-Visibility Commercial Land For Lease

0.91 acre commercial land for ground lease or build-to-suit.

3269 S Main St, Harrisonburg, VA 22801

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Commercial Land Restaurant Pad

B-2-zoned commercial pad planned for a freestanding drive-through restaurant or larger retail building.

2335 E MARKET ST, Harrisonburg, VA 22801

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Commercial Land with Drive-Through Option

B-2 General Business-zoned site on East Market Street with flexible commercial development concepts.

1870 E MARKET ST, Harrisonburg, VA 22801

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Well-Finished Office Suite

Well-finished office suite with reception, multiple offices, conference area, break room, and full bath, available October 1.

420 NEFF AVE, Harrisonburg, VA 22801

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