Remarks

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.

Details

MLS#: 660874
Price: $1,890,000

Style: Development

Subdivision: Collicello North
Tax Fee: 13000

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