Property profile

119 University Blvd Ste D Harrisonburg, VA 22801

OFF-MARKET
Medical Office Space
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Property ID
US87-2632273
3,296 SF 0.42 ac Built 1988
Last sale Jan 2012·$575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This medical office condominium, constructed in 1988 with ADA-focused accessibility features, is configured with a clinical layout that includes eight treatment rooms, three offices, a waiting area, a reception area, storage, and three restrooms. The space is handicapped-accessible. Building improvements include a roof replacement in 2020 and HVAC upgrades in 2019. The property is located on University Boulevard in Harrisonburg in the business district, with proximity of approximately 2.5 miles to Sentara RMH hospital.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$7k
Tax billed · 2021
Assessed value$786k
Assessed land$236k
Assessed improvement$550k
Effective rate0.90%

Value estimate

· Nov 2026
$295k
$266k – $325k
AI approach$295k

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 Service11.4
HVAC Service11.2
Storage Facility10.6

Location

119 University Blvd Ste D Harrisonburg, VA 22801-3753
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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1737 Erickson, Harrisonburg, VA 22801-8555 $320,000 Jan 2024 2,200 SF
2505 Evelyn Byrd, Harrisonburg, VA 22801-3493 $1,285,000 Dec 2022 3,379 SF
3230 Peoples, Harrisonburg, VA 22801-7623 $1,293,785 Jun 2021 3,307 SF
1733 Erickson, Harrisonburg, VA 22801-8555 $195,000 Nov 2020 2,184 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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Includes: Price & PSF · Cap rate · Location · Zoning

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