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Property profile & analytics
FOR LEASE
Office buildings

3060 Valley Pike N Harrisonburg, VA 22802

100 SF 1.15 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US87-2844414
Property summary
AI-generated overview

This exceptional Harrisonburg, VA commercial property, located at 3060 N. Valley Pike, offers 6,400 square feet of versatile office space, ideal for traditional, medical, or creative businesses. The building, constructed in 1975 and renovated in 2020, features two 3,200-square-foot suites, each independently leasable, providing flexibility for various business needs. With a B1 zoning designation, the property allows for a range of commercial uses, including retail. The building boasts ample parking (approximately 30-40 spaces) and is conveniently situated on N. Valley Pike, offering high visibility and easy access to Interstate 81. The property is classified as Class B and includes modern facilities, creating a professional and convenient environment. The two-story building is a single structure with no elevators. The property's address is 3060 N. Valley Pike, Harrisonburg, VA 22802, with APN 95/A//69/A. This prime location in Rockingham County presents a unique opportunity for businesses seeking a strategic and accessible office space. The total building square footage is 6,400 square feet, with a minimum divisible space of 3,200 square feet. The maximum contiguous space available is also 6,400 square feet.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 100 SF
Lot 1.15 ac (50,094 SF)
Zoning code GENERAL BUSINESS DIST
APN 95-(A)- L69A
UPID US87-2844414
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
  • PurAyr General Contractor
  • Up With People, Jr. Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$990k
Owner & transaction history
North Eleven LLC · 5 yrs held
North Eleven LLC
since 2020
Last sale
$1.0M
2 recorded transactions
2020
$1.0M
2012
$650,000
Zoning & alternative use
GENERAL BUSINESS DIST · Rockingham, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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