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Property profile & analytics
OFF-MARKET
Automotive properties

750 Market St Harrisonburg, VA 22801-4235

684 SF 1.38 ac lot Built 1971
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US87-2992712
Property summary
AI-generated overview

This exceptional investment opportunity presents a versatile commercial property ideally situated at 750 E Market St, Harrisonburg, VA 22801. The property boasts a prime location on a 1.45-acre lot (comprising two parcels: 1.39 acres and 0.07 acres), offering significant visibility and accessibility. The property includes two buildings totaling 1,284 square feet. One building features an open lobby, three private offices, a storage/break room, and a restroom. The second building is a 600 square foot shop with a drive-in garage door and 12-foot ceilings, suitable for various uses, potentially accommodating a lift. The property also includes a large, paved parking lot (approximately half an acre), providing ample space for customers and potential expansion onto the remaining wooded acreage. With approximately 150 feet of frontage on East Market Street, the property benefits from high traffic volume (11,874 cars daily) and proximity to major thoroughfares, including I-81 exit 247 (less than half a mile) and downtown Harrisonburg (less than a mile). Surrounded by thriving businesses such as Family Dollar, Sheetz, and Ciro's Restaurant, this property offers a strong foundation for a successful business venture. The property is zoned B2 in the City of Harrisonburg and is conveniently located near public transportation. Asking price is $685,000 ($533.49/sq ft). Built in 1971, this single-story property presents a unique opportunity for owner-users seeking a high-traffic location in a thriving commercial area.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1971
Total area 684 SF
Lot 1.38 ac (60,000 SF)
Zoning code GENERAL BUSINESS
APN 028 L 8 9
UPID US87-2992712
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
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Valley View Motors Car Dealership
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kdm Enterprise LLC · 8 yrs held
Kdm Enterprise LLC
since 2017
2 recorded transactions
2017
$37,500
2017
Price N/A
Zoning & alternative use
GENERAL BUSINESS · Harrisonburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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