2031 Deyerle AveHarrisonburg, VA 22801

Property Details for 2031 Deyerle Ave

Year built

1997

Lot size

2.68 AC

Property size (Sq ft)

11,000 SF

Zone code

GENERAL BUSINESS

Property type

Office properties

Property subtype

Office buildings

APN

080 B 6

APU

080B6

Description

This exceptional Class A office space, built in 1997, offers 13,647 contiguous square feet, divisible to a minimum of 2,422 square feet, making it ideal for a variety of businesses. Located in Harrisonburg, VA, at 2031 Deyerle Ave (zip code 22801), this single-story building is situated in the heart of the retail and financial district, conveniently located off Route 33 behind the Valley Mall. The property features secure swipe card access to a common lobby or sunroom break area, providing a safe and controlled environment. Ample parking is available on-site, catering to employees and clients, with city bus stops conveniently located just a block away. An added benefit is the inclusion of approximately 2,000 square feet of climate-controlled, secure storage located below the office space. The property is zoned B2 and offers 3-phase power. Lease rates range from $13.50 to $18.50 per square foot per year, depending on tenant build-out and lease negotiations. This rare opportunity allows businesses to thrive in a growing community and region. Don't miss this chance to secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $2,618,113

  6.5%

  $2,416,720

  7%

  $2,244,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,199,340

  Geo Method

  $2,199,340

• Alternative Use

  Use

  Valuation

  Residential

  $2,996,732

  Hospitality

  $2,744,990

  Educational

  $2,283,800

  Medical

  $2,362,343

  Retail

  $3,552,578

Location Insight

City

Harrisonburg

County

Harrisonburg City

State

Virginia

Latitude

38.4251

Longitude

-78.851

CBSA code

25500

CBSA name

HARRISONBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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