$1,890,000

Estimated payment $11,153/month

Total Views 70,335
3.06 Acres
$617,647 Price per Acre
133,294 Sq Ft Lot

About This Lot

One of the last large city lots available, this is the perfect property for a developer who is looking to build homes within the city to provide much needed housing for the area! Collicello North is an R-7 mixed use development with a master plan that has been approved by the City of Harrisonburg, and Phase 1 that is ready to build out with the existing master plan. The zoning allows for a mix of detached homes, townhouses, apartments and commercial spaces. An ideal location close to downtown, lots of neighborhood conveniences, and EMU that boasts easy access to the local outdoor recreation areas that residents can reach by road, bike paths, sidewalks or public transportation. Set on a hill, this property also offers great views of the surrounding mountains and cityscapes! The street, sewer and water infrastructure is 80% completed with the remaining amount bonded with the City of Harrisonburg. This site layout could be modified to allow for more density on the site, subject to approval by the City of Harrisonburg who is eager to see this developed. There is opportunity to buy out some of the neighboring lots to get a bigger footprint, this could go up to about a 4-5 acre project! The brick home is ideal for a sales office.

Listing Agent

Manny Fisher

Cottonwood Commercial LLC License #0225245860 Listed on: 02/13/2025

Cottonwood Commercial LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,000

Lot Details

  • 3.06 Acre Lot
  • Property is zoned R-7 Medium Density Mixed Residential Planned Community

Schools

  • Waterman Elementary School
  • Thomas Harrison Middle School
  • Harrisonburg High School

Community Details

  • Collicello North Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$13,000

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Development
  • L V T Date: 02/14/2025
  • Price Per Sq Ft: 617647.06
  • Zoning: R-7 Medium Density Mixed Residential Planned Community
  • Best Use: Investment, Multi-Family, Residential
  • Current Use: Vacant
  • Road Street: Public Rd
  • Subdivision: COLLICELLO NORTH
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 3.06

Utilities

  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Waterman
  • Middle School: Thomas Harrison
  • High School: Harrisonburg

Tax Info

  • Year: 2020
  • Taxes: 13000

MLS Schools

  • HighSchool: Harrisonburg
  • Middle School: Thomas Harrison
  • Elementary School: Waterman

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,918 $288,900 $55,000 $233,900
2023 $2,530 $263,500 $55,000 $208,500
2022 $2,053 $220,800 $50,000 $170,800
2021 $1,893 $210,300 $50,000 $160,300
2020 $1,833 $210,300 $50,000 $160,300
2019 $1,728 $198,100 $50,000 $148,100
2018 $1,324 $193,600 $50,000 $143,600
2017 $1,324 $180,100 $50,000 $130,100
2016 $1,324 $183,900 $50,000 $133,900
2015 $1,324 $183,900 $50,000 $133,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 For Sale $1,890,000 0.0% --
02/21/2025 02/21/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $1,890,000 -- --
Source: Harrisonburg-Rockingham Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $33,559 Unknown
Source: Public Records

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 660874

Harrisonburg-Rockingham Association of REALTORS®

APN: 040-H-1