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Property profile & analytics
OFF-MARKET
Office Units
1951 Evelyn Byrd Ave E E Ste Harrisonburg, VA 22801-3483
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3122702
Property summary
AI-generated overview
This first-floor office space is located in the central office district of Harrisonburg. It features over 252 square feet (18'x14') of private space and an additional 700 square feet of common areas, including waiting rooms, a kitchenette, and bathrooms. The office is designed to be shared. The unit is shared with tenants in the beautician and medical fields. The zoning is B-1 Central Business.
Property profile
Verified
Property type
Office Units
Use group
OFFICE BUILDING
Year built
1991
Total area
2,773 SF
Lot
0.29 ac (12,715 SF)
Zoning code
GENERAL BUSINESS
APN
079 D 28-E
UPID
US87-3122702
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
Current use
Occupant on record · Public records
-
The Color Lab Hair Salon
-
HearingLife of Harrisonburg VA Physician
-
Shelley Cupp Schulte, P.C. Law Firm
-
Daryl Kurz Ophthalmologist
-
Valley Orthotics & Prosthetics Orthotics & Prosthetics Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Waterfront Properties LLC · 16 yrs held
Waterfront Properties LLC
since 2009
1 recorded transaction
Zoning & alternative use
GENERAL BUSINESS · Harrisonburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Harrisonburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisonburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$2,995
Tax year 2021
Assessed value
$332,800
Assessed 2021
Previous assessed
$332,800
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$190,700
Assessed improvement
$142,100
Land market value
$190,700
Improvement market value
$142,100
Total market value
$332,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Units
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Stories
1
Total area
2,773 SF
Lot
0.29 ac (12,715 SF)
Zoning code
GENERAL BUSINESS
APN
079 D 28-E
UPID
US87-3122702
Jurisdiction
HARRISONBURG CITY
Zoning & alternative use
GENERAL BUSINESS · Harrisonburg, VA
Zoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Harrisonburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Harrisonburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Waterfront Properties LLC
Entity
Mailing address
36 PNE RDG LN, MOUNT SOLON, VA 22843-2429
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2009
—
Waterfront Properties LLC
Llewellyn Properties LLC
Deed
$435,000 · Stellarone Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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