Property profile

1947 Medical Ave Harrisonburg, VA 22801

FOR SALE
Medical Office Space
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Property ID
US87-2545709
6,000 SF 1.02 ac Built 1998
Last sale Apr 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a well-maintained two-story brick medical office building with 10,950 square feet constructed in 1998. The interior layout is configured for clinical and professional use and includes 20 exam rooms, 18 offices, a conference room, and multiple storage rooms. The building has 9 restrooms and a kitchen/meeting room, and it features three separate entrances intended to support convenient access for patients and staff. The structure is situated on a 1.02-acre site within a medical…

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?
$17k
Tax billed · 2021
Assessed value$1.84M
Assessed land$580k
Assessed improvement$1.26M
Effective rate0.90%

Value estimate

· Nov 2026
$755k
$680k – $831k

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.1
Electrical Service11.9
HVAC Service11.9

Location

1947 Medical Ave Harrisonburg, VA 22801
County assessor Recorded deeds · 2 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2505 Evelyn Byrd, Harrisonburg, VA 22801-3493 $1,285,000 Dec 2022 3,379 SF
1937 Medical, Harrisonburg, VA 22801-3437 $700,000 Oct 2021 5,298 SF
3230 Peoples, Harrisonburg, VA 22801-7623 $1,293,785 Jun 2021 3,307 SF
1992 Medical, Harrisonburg, VA 22801-3436 $1,200,000 Dec 2019 5,255 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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