Technical
Financial
Distress signals
Property profile

1588 Main St Harrisonburg, VA 22801

OFF-MARKET
Turn key restaurants
Property ID
US87-2880572
3,132 SF 0.56 ac lot Built 1977
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Total area 3,132 SF
Lot 0.56 ac (24,585 SF)
Zoning code GENERAL BUSINESS
APN 010 C 10-A
UPID US87-2880572

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy
  • Atm
  • Postal Service Courier Service
  • Pharmacy

Location

1588 Main St Harrisonburg, VA 22801-2932
Harrisonburg metro Census 203 HARRISONBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2020
Last sale
$610,000
1 recorded transaction
2020
$610,000

Zoning & alternative use

GENERAL BUSINESS · Harrisonburg, VA
Top alternative use upside
Office building $525,000 +68.6%
Medical building $405,000 +29.9%

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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