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2922 Port Republic Rd
Rockingham, VA 22801
48.5 Acres Development Land · Land For Sale
·
48.50 AC
Investment Highlights
- 48.5 Acres of Residential and Commercal Development Land.
- Beautiful views of surrounding mountains.
- Located less than one mile from Sentara RMH Medical Center.
Property Facts Under Contract
| Sale Type | Investment or Owner User | Total Lot Size | 48.50 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | A2 - Property is located within the Urban Development Area for Rockingham County allowing for rezoning to mixed-use. | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 48.50 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | A2 - Property is located within the Urban Development Area for Rockingham County allowing for rezoning to mixed-use. |
1 Lot Available
Lot
| Price | $6,023,789 CAD | Lot Size | 48.50 AC |
| Price Per AC | $124,201.84 CAD |
| Price | $6,023,789 CAD |
| Price Per AC | $124,201.84 CAD |
| Lot Size | 48.50 AC |
Description
This 48.5 acres of development land is in a prime location in Rockingham County and in close proximity to Sentara RMH Medical Center, James Madison University, and Downtown Harrisonburg. The property is located within Rockingham County's Urban Development Area Transition Zone (T-3). This zone allows for a mix of detached single-family houses, duplexes, townhomes, apartments, and mixed-use residential/commercial. The property has approximately 520 feet of frontage along Port Republic Road with three entrances already cut. There are two residential dwellings on the property and two barns. Water and sewer is located on adjoining parcels and will require an easement for access.
Property Taxes
| Parcel Number | 125-A-L32 | Improvements Assessment | $1,034,746 CAD |
| Land Assessment | $241,472 CAD | Total Assessment | $1,276,218 CAD |
Property Taxes
Parcel Number
125-A-L32
Land Assessment
$241,472 CAD
Improvements Assessment
$1,034,746 CAD
Total Assessment
$1,276,218 CAD
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