Property profile

55 Baxter Dr Harrisonburg, VA 22801

FOR SALE
Commercial land
Property ID
US87-2590701
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Property summary

AI-generated overview

The property consists of a 6.01-acre parcel located just off I-81 at Exit 243, behind Harrisonburg Ford and the 2023 Tractor Supply, with frontage at the lighted intersection of W Kaylor Drive and S Main Street. The site is one street back from S Main Street and provides road frontage on three sides, offering access to both S Main Street and I-81. It is positioned at a commercially oriented location within Harrisonburg’s Urban Growth Area, and the parcel is designed to support commercial, retail, or mixed-use development. The property can be subdivided with City approval, has favorable topography, and includes utility availability suitable for development. The location supports signage opportunities along prominent roadways, with strong connectivity to major traffic corridors including I-81 and S Main Street (US-11).

Property profile

Verified
Property type Commercial land
UPID US87-2590701

Cap rate & NOI

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

Location

55 Baxter Dr Harrisonburg, VA 22801
Harrisonburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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More about this property
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