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2775 Ridgedale Rd - ONE OF THE LAST HARD CORNERS ON THE SE CONNEC

1.4 Acres of Commercial Land Offered at £788,605 in Harrisonburg, VA 22801

Investment Highlights

  • One of the last available hard corners remaining
  • Fastest growing and highest density single family residential sections within close proximity to the immediate south and east (3,200 new beds/units
  • 12,000 student beds within 1.5 miles with an additional 1,300 units under development within sight distance.
  • Located on the Southeast Connector (31,100 VPD upon buildout.), serviced by Port Republic Road (18,000VPD), and 1.6 miles from Interstate 81 Exit 24
  • Neighboring uses include Walmart Neighborhood Market, Bojangles, Wendy's, Moe's SW Grill, Sentera Rockingham Memorial Hospital, and the Reserve

Executive Summary

1.4 acre corner lot with access from Ridgedale Road off of the SE Connector (Stone Spring Road). Within the fastest growing retail development area in the Harrisonburg metro and one of the last available hard corners remaining. Immediately neighboring strong traffic generators like Walmart, Sentara Rockingham Memorial Hospital, and other national retailers. Surrounded by the most densely populated residential area in the market comprised of single family housing, market rate apartments, and student complexes.

Property Facts

Price £788,605
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
Total Lot Size 1.40 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £788,605
Price Per AC £563,290
Lot Size 1.40 AC

1.4 acre corner lot with access from Ridgedale Road off of the SE Connector (Stone Spring Road). Within the fastest growing retail development area in the Harrisonburg metro and one of the last available hard corners remaining.

Description

1.4 acre corner lot with access from Ridgedale Road off of the SE Connector (Stone Spring Road). Within the fastest growing retail development area in the Harrisonburg metro and one of the last available hard corners remaining. Immediately neighboring strong traffic generators like Walmart, Sentera Rockingham Memorial Hospital, and other national retailers. Surrounded by the most densely populated residential area in the market comprised of single family housing, market rate apartments, and student complexes.

zoning

Zoning Code A2
A2
  • Listing ID: 12730436

  • Date on Market: 01/06/2018

  • Last Updated:

  • Address: 2775 Ridgedale Rd, Harrisonburg, VA 22801

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