For Sale
$999,500

2775 Ridgedale RdHarrisonburg, VA 22801

1.4-Acre Commercial Land, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.4-acre commercial lot is situated on a hard corner at the intersection of Ridgedale Road and the Southeast Connector (Stone Spring Road) in Harrisonburg, Virginia, zip code 22801. Zoned A2, this property presents a unique opportunity within one of Harrisonburg's fastest-growing retail areas. Its strategic location offers unparalleled visibility and accessibility, boasting high traffic counts due to its proximity to major roadways, including the Southeast Connector (projected 31,100 vehicles per day upon buildout), Port Republic Road (18,000 VPD), and Interstate 81 Exit 245 (1.6 miles away). The site benefits from its adjacency to significant traffic generators such as Walmart Neighborhood Market, Sentara Rockingham Memorial Hospital, Bojangles, Wendy's, Moe's Southwest Grill, and the Reserve at Stone Port (a 396-unit market-rate apartment complex). Furthermore, the property is surrounded by a densely populated residential area, including single-family homes, market-rate apartments, and student housing complexes, with over 3,200 new residential units approved or completed within a 1.5-mile radius and an additional 12,000 student beds within the same proximity. This presents a compelling investment opportunity for developers seeking to capitalize on the area's robust growth and high demand. The asking price for this remarkable property is $999,500.

Highlights

  • One of the last available hard corner lots in Harrisonburg, VA.
  • High-density residential area with 3,200+ new units/beds within 1.5 miles.
  • 12,000 student beds within 1.5 miles, plus 1,300 units under construction nearby.
  • Excellent visibility and access: Southeast Connector (31,000 VPD), Port Republic Road (18,000 VPD), and close to I-81 Exit 245.
  • Strong surrounding businesses including Walmart, Sentara Hospital, and a 396-unit apartment complex.

Property Details for 2775 Ridgedale Rd

Property type
Retail properties, Land
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Harrisonburg
County
Rockingham
State
Virginia
Latitude
38.403369571078
Longitude
-78.864986480585
2775 Ridgedale Rd, Harrisonburg, Virginia

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2775 Ridgedale Rd
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