Individually Owned Property summary
This exceptional 5.44-acre commercial land parcel in Harrisonburg, Virginia, presents a unique investment opportunity. Located at 702 E Market Street, this property boasts significant frontage on a major thoroughfare with a daily traffic count exceeding 16,000 vehicles. The B2 zoning allows for a wide range of commercial uses, making it ideal for various business ventures. The site includes a former restaurant building situated on a hill at the corner of the property, offering potential for… redevelopment or repurposing. The remaining acreage provides ample space for new construction, with public utilities readily accessible along East Market Street. The property's proximity to downtown Harrisonburg and Interstate 81 ensures excellent visibility and accessibility for both local and interstate traffic. Surrounded by residential areas and other businesses, this location offers a strong potential customer base. While the current zoning is B2, there is potential for rezoning through the City of Harrisonburg, further enhancing development possibilities. This property is situated in the 22801 zip code. This is a rare opportunity to acquire a substantial commercial lot in a thriving Virginia city.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2021
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,134 SF
- Lot area
- 0.36 ac
- Stories
- 1
- APN
- 032 G 1-B
- Zoning
- GENERAL BUSINESS
- Assessed value · 2021
- $280,400
- Annual tax · 2021
- $2,524
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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