3060 Valley PikeHarrisonburg, VA 22802

Property Details for 3060 Valley Pike

Year built

1975

Lot size

1.15 AC

Property size (Sq ft)

100 SF

Zone code

GENERAL BUSINESS DIST

Property type

Office properties

Property subtype

Office buildings

APN

95-(A)- L69A

APU

95AL69A

Description

This exceptional Harrisonburg, VA commercial property, located at 3060 N. Valley Pike, offers 6,400 square feet of versatile office space, ideal for traditional, medical, or creative businesses. The building, constructed in 1975 and renovated in 2020, features two 3,200-square-foot suites, each independently leasable, providing flexibility for various business needs. With a B1 zoning designation, the property allows for a range of commercial uses, including retail. The building boasts ample parking (approximately 30-40 spaces) and is conveniently situated on N. Valley Pike, offering high visibility and easy access to Interstate 81. The property is classified as Class B and includes modern facilities, creating a professional and convenient environment. The two-story building is a single structure with no elevators. The property's address is 3060 N. Valley Pike, Harrisonburg, VA 22802, with APN 95/A//69/A. This prime location in Rockingham County presents a unique opportunity for businesses seeking a strategic and accessible office space. The total building square footage is 6,400 square feet, with a minimum divisible space of 3,200 square feet. The maximum contiguous space available is also 6,400 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $23,801

  6.5%

  $21,970

  7%

  $20,401

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,994

  Geo Method

  $19,994

• Alternative Use

  Use

  Valuation

  Residential

  $27,243

  Hospitality

  $24,954

  Educational

  $20,762

  Medical

  $21,476

  Retail

  $32,296

Location Insight

City

Rockingham

County

Rockingham

State

Virginia

Latitude

38.4735

Longitude

-78.8254

CBSA code

25500

CBSA name

HARRISONBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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