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Property profile & analytics
FOR LEASE
Warehouses

561 Belle Cir Harrisonburg, VA 22801

6 ac lot Built 2003
Entity Owned 7-yr Hold Free & Clear
Property ID
US87-3144799
Property summary
AI-generated overview

This exceptional 50,000-square-foot industrial warehouse in Harrisonburg, Virginia, presents a significant opportunity. The single-tenant building features eight 6,250-square-foot bays, offering efficient layout and ample space. Column spacing is approximately 30 feet side-to-side and 40 feet front-to-back, maximizing usability. Clear height ranges from 23 to 27.7 feet, accommodating various storage and operational needs. The property boasts robust infrastructure, including nine dock-high doors (two with levelers), one drive-in door (11.6' wide x 13.6' tall), propane heat, LED lighting, and 600-amp power. The warehouse is currently fully racked, and the owner may be willing to sell the racking to a suitable tenant. Its strategic location provides easy access to Interstate 81, via exits 243 (Harrisonburg) and 240 (Mount Crawford), ensuring seamless logistics and distribution. The property is zoned I1 and situated in Rockingham County. This is a Net, Net, Net (NNN) lease opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Lot 6 ac (261,447 SF)
Zoning code GEN INDUSTRIAL DIST
APN 124F-(2)- L9
UPID US87-3144799
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
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k
Owner & transaction history
Simco 1 LLC · 7 yrs held
Simco 1 LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
GEN INDUSTRIAL DIST · Harrisonburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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