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Property profile & analytics
FOR SALE
Commercial land

55 Baxter Dr Harrisonburg, VA 22801

Property ID
US87-2590701
Property summary
AI-generated overview

6.01± Acres Prime development opportunity just off I-81 Exit 243, behind Harrisonburg Ford and the new 2023 Tractor Supply. Located at a lighted intersection (W Kaylor Dr / S Main St), this 6.01-acre parcel sits one street back from S Main with road frontage on three sides. Access to S Main and I-81 offers excellent visibility and connectivity. Ideal for commercial, retail, or mixed-use development. The property can be subdivided with City approval. Traffic counts exceed 58,000 vehicles/day on I-81, with projections over 81,000 by 2047. S Main St (US-11) is a key arterial with heavy daily traffic and strong exposure. Located within Harrisonburg’s Urban Growth Area, surrounded by national retailers and key commercial anchors. Nice topography and utility availability make this a development-ready site. Excellent signage potential and strong long-term value in one of the city’s fastest-growing corridors.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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