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Property profile & analytics
FOR SALE
Commercial real estate

1294 Virginia Ave Harrisonburg, VA 22801

1.07 ac lot
Property ID
US87-2816138
Property summary
AI-generated overview

This exceptional 1.07-acre commercial land parcel presents a remarkable investment opportunity in Harrisonburg, Virginia. Located at 1294 Virginia Avenue (Route 42), this property enjoys unparalleled visibility and convenient access, situated less than three miles from Interstate 81. The lot boasts over 200 feet of road frontage, featuring an existing commercial entrance, ensuring easy ingress and egress. Its strategic location places it within a thriving commercial area, surrounded by established businesses including gas stations, pharmacies, commercial centers, a retirement community, and schools. A significant advantage is the proximity to readily available water and sewer lines adjacent to the property, substantially reducing development costs. The property is zoned B-2 General Business, allowing for a wide range of commercial uses. Further enhancing its appeal, a new Dollar General store is planned for construction directly adjacent to the lot, promising increased foot traffic and synergistic benefits. This prime location, coupled with its size and zoning, makes this parcel an ideal site for a variety of commercial ventures. The APN is 047 O 60. The asking price is $660,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 1.07 ac (46,609 SF)
APN 047 O 60
UPID US87-2816138
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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