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Property profile & analytics
OFF-MARKET
Commercial land

3050 S Main St Harrisonburg, VA 22801

Property ID
US87-3017066
Property summary
AI-generated overview

This is the Perfect Retail Opportunity in the Bustling City of Harrisonburg! Nestled on Route 11's Prestigious "Motor Mile" Sits 9.37 Acres of Prime Land, Awaiting Your Next Retail Venture. With a High Daily Traffic Count of Over 22,700 Potential Customers Passing by, This Location Offers Unparalleled Visibility and Accessibility. in Conjunction With the Grand Opening of a Brand-new High School Next Door in August 2024, the Foot Traffic in the Area is Set to Skyrocket, Presenting a Golden Opportunity for Your Retail Business to Thrive. Imagine the Endless Possibilities for a Grocery Store, Boutique Shop, or Any Retail Establishment You've Been Dreaming of. Not to Mention, Being Only 0.7 Miles Away From I-81 Exit 243, Where a Staggering 57,000 Cars Zoom by Daily, Ensures That Your Business Will Be Exposed to a Vast Audience of Potential Customers. the Property, Divided Into 3 Parcels, With Two Currently Housing a Successful Car Dealership, is Eagerly Awaiting a Visionary Entrepreneur Like You to Claim the Remaining 7.97 Acres for an Exciting New Retail Destination, or Redevelop What is There and Use the Entire 9.37-acre Parcel. Seize the Moment and Make Your Mark in This Vibrant Retail Hub. Don't Miss Out on This Exclusive Opportunity to Establish Your Business in a Prime Location With Unbeatable Potential for Growth.

Property profile
Verified
Property type Commercial land
UPID US87-3017066
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
  • Ground Illusions Landscaping Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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