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0 Country Club Rd - 9.77 AC | Zoned B2 | Multi-Family Special Use 9.77 Acres of Residential Land Offered at $7,500,000 in Harrisonburg, VA 22801

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INVESTMENT HIGHLIGHTS

  • Location: Across from Lowe's near I-81 Exit 247 interchange, offering excellent visibility and accessibility in Harrisonburg, VA.
  • Proximity to Amenities: Situated in a high-traffic area near major retailers, dining, and services.
  • Zoning: B2 (General Business District), supporting a variety of commercial uses.
  • Size: 9.77 acres, one of the last remaining large commercial tracts within the city limits.
  • Close to James Madison University
  • Ready for Retail, Large Box Store, Hotels & Restaurants

EXECUTIVE SUMMARY

Prime Location: High-visibility property located directly across from Lowe's, near the busy I-81 Exit 247 interchange in Harrisonburg, VA.
Zoning Versatility: Zoned B2 (General Business District), allowing for a wide range of commercial uses, including retail, office, and restaurants.
Special Use Permit Advantage: Offers potential for multi-family residential development (up to 38 units/acre) or mixed-use projects combining residential and commercial spaces.
Accessibility: Exceptional location with easy access to major highways, ensuring convenience for customers, tenants, and commuters.
Market Appeal: Harrisonburg is a growing city with increasing demand for housing and commercial spaces, making this property highly desirable for investors and developers.
Development Potential: Ideal for large-scale projects such as retail centers, apartment complexes, or mixed-use developments tailored to meet the needs of a thriving community.
Parking: Minimum requirement of one space per residential unit, accommodating multi-family and mixed-use designs.
Investment Opportunity: Priced at $7,500,000 with a 2% commission, this property represents a rare chance to secure one of the last large commercial tracts within city limits.
This site is perfect for developers seeking a prime location with flexibility and significant growth potential.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $7,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Hospitality
  • Bank
  • Bar
  • Convenience Store
  • Department Store
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Lodge or Meeting Hall
  • Medical
  • Motel
  • Movie Theater
  • Office Park
  • Outlet Center
  • Regional Mall
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 9.77 AC
Zoning B2 - B2 - General Business District https://library.municode.com/va/harrisonburg/codes/code_of_ordinances?nodeId=PTIITHCOGEOR_TIT10PLD

1 LOT AVAILABLE

Lot

Price $7,500,000
Price Per AC $767,656.09
Lot Size 9.77 AC

Prime 9.77 acre B2-zoned property in Harrisonburg, off I-81 Exit 247 and across from Lowe's. Among the last large commercial tracts in the city. Special Use Permit allows multi-family or mixed-use. Offers excellent visibility, access, and potential

DESCRIPTION

Property Overview - Size: 9.77 acres - Location: Strategically located across from Lowe's near the I-81 Exit 247 interchange, Harrisonburg, VA - Zoning: B2 (General Business District) - Price: $7,500,000 - Commission: 2% Prime Commercial Development Opportunity This 9.77-acre property is a rare find, offering one of the last remaining large commercial tracts in the City of Harrisonburg. Zoned B2 (General Business District), the property is ideally positioned for high-visibility development, benefitting from its proximity to major commercial hubs and easy access to Interstate 81. Special Use Permit Flexibility The property’s Special Use Permit allows for expanded development opportunities, including: - Multi-Family Residential Development: Up to 38 units per acre - Mixed-Use Projects: Ideal for blending commercial, retail, office, and residential uses - Parking Requirements: A minimum of 1 space per residential unit Features and Benefits - Unparalleled Location: Directly across from Lowe’s and in close proximity to other major retailers, dining, and services. - Accessibility: Conveniently located near one of the city’s busiest interchanges, ensuring easy access for customers, residents, and commuters. - High Demand Market: Harrisonburg continues to experience robust growth, making this site an excellent choice for investors and developers. - Zoning Flexibility: The B2 zoning accommodates a variety of commercial uses, from retail and office spaces to restaurants, entertainment venues, and more. Additional Information The property is an excellent fit for developers looking to capitalize on Harrisonburg’s thriving economy and growing population. Whether you envision a multi-family housing community, a mixed-use development, or a high-traffic retail complex, this site provides the size, location, and zoning flexibility to make your vision a reality.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013-D-1
Land Assessment
$2,585,600
Improvements Assessment
$0
Total Assessment
$2,585,600
  • Listing ID: 9660465

  • Date on Market: 11/8/2012

  • Last Updated:

  • Address: 0 Country Club Rd, Harrisonburg, VA 22801

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