15.75 Acre Medium/High Density Residential Land
15.75 Acre Medium/High Density Residential Land
Marketing description
Medium and high density residential development land located in the heart of the Harrisonburg metro growth area and within an Opportunity Zone.
The Apple Valley Development contains 15.75 acres in one of Virginia’s most dynamic regional markets. Situated next to thriving retail development, regional hospital, and within an opportunity zone, the property is a natural location for a variety of residential uses. The acreage borders the City of Harrisonburg boundary and neighbors existing student housing in the form of Altitude (500 beds) and Aspen Heights (600 beds). Currently zoned A-2, medium to high density is anticipated for this portion of the development based on sewer capacity.
The site is primarily serviced by Apple Valley Road, but has convenient access to Stone Spring Road (connects every commercial corridor in the market) and is within walking distance of retail, restaurants, and Sentara Rockingham Memorial Hospital.
Investment highlights
Medium and high density residential development opportunity located in the heart of the Harrisonburg metro growth area.
Water and sewer stubbed to the property boundary.
Neighboring the most active commercial development in market and a regional hospital.
Fully within an Opportunity Zone.
Currently zoned A-1, but located within a designated Urban Development Area.
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