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$497,000
Est. payment /mo
1.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 651406
HOA Y/N No
Annual Tax Amount $4,313
Tax Year 2024
Lot Size 1.280 Acres
Acres 1.28
Property Sub-Type Land
Property Description
Strategically positioned in one of Harrisonburg's high-traffic and established business corridors, 1.3-acre assemblage offers compelling investment and development opportunity. Two combined lots (Lots 1A and 1B), Blue Stone Hills. 2585 and 3011 Evelyn Byrd Ave. Site is well suited for wide range of income-producing uses: Medical or professional office, multi-family residential, assisted living, or other special uses - subject to approval. Conceptual plans demonstrate feasibility for a 28-unit, 2-BR apartment complex or a two-story, two-bldg. professional office configuration, highlighting strong development density and versatility. Exceptional regional access enhances long-term value, with immediate proximity to East Market Street, Interstate 81, JMU, Sentara RMH, major employment and retail centers. Central location allows efficient access to all points N, S, E, and W. Preliminary site considerations indicate a retaining wall may not be required, potentially reducing development costs. A rare opportunity to acquire scalable, well-located land with strong demand drivers, flex use potential, and solid fundamentals for short and long-term investment strategies.
Location
State VA
County Harrisonburg
Zoning R-3 Multiple Dwelling Residential
Direction East Market Street, Eastbound. Right on Evelyn Byrd. Property on the left.
Interior
Fireplace No
Others
Tax ID 77-0-3 and 77-J-2
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Listed by Melinda Beam Shenandoah Valley Real Estate
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