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Property profile & analytics

865 Prt Republic Rd Harrisonburg, VA 22801-3499

  • Investment properties
  • 7,936 SF
  • 5.46 lot acres
OFF-MARKET
Last Sale
May 14, 2025
$19,500,000
Value Estimations
$19,890,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-2509495
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Greens & Grains Cafe / Cafe & Coffee Shop
  • Subway / Take-out & Catering
  • Thai Harrisonburg Restaurant / Restaurant
  • Greens and Grains / Restaurant
  • 865 East / Apartment Building / Apartment Complex

Property Details for 865 Prt Republic Rd

Year built
2009
Lot size
5.46 lot acres
Property size
7,936 SF
Zone code
LOW DENS MIXED RESID
Property type
Investment properties
Property subtype
Live-work space
APN
092 F 1
APU
092F1

Description

This exceptional retail opportunity at 865 Port Republic Road in Harrisonburg, Virginia, offers a unique blend of existing and buildable space. The property totals 178,400 square feet and is zoned R5C within Harrisonburg City County. Currently available is a 2,600 square foot restaurant space and a 3,100 square foot shell space ready for immediate build-out, representing a minimum divisible space of 3,100 square feet. The maximum contiguous space available is also 3,100 square feet. This location boasts high visibility on Port Republic Road, experiencing a daily traffic volume of 24,000 vehicles. Its strategic placement within a high-density mixed-use development, surrounded by student housing, ensures consistent foot traffic. The property's proximity to James Madison University (less than one mile) and Interstate 81 Exit 245 provides unparalleled accessibility and exposure to a large customer base. This is an ideal location for businesses seeking high visibility and convenient access to a vibrant community and major transportation arteries. The property consists of a single suite.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $20,675,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Harrisonburg
County
Harrisonburg City
State
Virginia
Longitude
-78.874
Latitude
38.4228
CBSA code
25500
CBSA name
HARRISONBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$159,962
$1,423,300
$16,350,300
$17,773,600
-
$1,423,300
$16,350,300
$17,773,600
More about this property
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