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1391 N Main St Harrisonburg, VA 22802

Commercial land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US87-2556101

Property summary

AI-generated overview

Truly a great opportunity for development in this high-visibility lot less than a mile from Downtown Harrisonburg on the highly trafficked North Main Street. This area is rapidly growing as Downtown Harrisonburg is expanding down North Main Street. Adjacent lots have a proposed apartment and townhome development, a Hotlzman convenience station and a new Rockingham County fire station. Currently zoned R2 but is in the City comprehensive plan to be rezoned to commercial. Excellent ingress and egress available and water and sewer is on site.

Property profile

Verified
Property type Commercial land
UPID US87-2556101

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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