Opportunity knocks on South Valley Pike! This property is a rare find for the savvy investor or dedicated owner-occupant looking to capitalize on an unbeatable commercial location. Zoned B-1 (General Business), this property is ideally situated directly across the street from the Rockingham County Fairgrounds, offering unparalleled visibility and high traffic flow, especially during major events. The existing structure will need a partial overhaul after some fire damage in back of building — consider this a blank slate for your next venture. The B-1 zoning allows for a wide range of retail, service, and professional uses, and potentially a mixed-use scenario (buyer to verify all specific uses with Rockingham County Planning & Zoning). Imagine the possibilities: a professional office, retail space, or a revitalized residential/commercial combination! Bring your vision, your contractor, and your business plan. This is a fantastic chance to secure a highly visible location in a thriving commercial corridor. Property is being sold strictly "as-is, where-is" with all faults. Do not miss this chance to invest in location, location, location!
Active
$250,000
4861 S Valley Pike, Harrisonburg, VA 22801
4beds
1,461sqft
Single Family Residence
Built in 1947
10,454 Square Feet Lot
$-- Zestimate®
$171/sqft
$-- HOA
What's special
- 62 days |
- 1,215 |
- 19 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nico Iglesias 540-416-1662,
Rocktown Realty
Source: CAAR,MLS#: 676734
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Oil
Cooling
- None
Features
- Basement: Walk-Out Access
Interior area
- Total structure area: 2,535
- Total interior livable area: 1,461 sqft
- Finished area above ground: 1,461
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 51165123(A) L78
- Zoning description: B-1 Business General
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Block
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Surveillance System
- Subdivision: VALLEY PIKE
HOA
- Has HOA: No
Location
- Region: Harrisonburg
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $47,400
- Annual tax amount: $322
- Date on market: 5/4/2026
- Cumulative days on market: 214 days
Estimated market value
Not available
Estimated sales range
Not available
$1,863/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $250,000$171/sqft |
Source: | ||
| 5/2/2026 | Listing removed | $250,000$171/sqft |
Source: | ||
| 3/21/2026 | Pending sale | $250,000$171/sqft |
Source: | ||
| 3/18/2026 | Price change | $250,000-9.1%$171/sqft |
Source: | ||
| 2/2/2026 | Price change | $275,000-5.2%$188/sqft |
Source: | ||
| 10/23/2025 | Listed for sale | $290,000+427.3%$198/sqft |
Source: | ||
| 6/9/2021 | Sold | $55,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $919 | $47,400 -64.9% |
| 2023 | $919 -6.1% | $135,200 -6.1% |
| 2022 | $979 +21.4% | $144,000 +32.1% |
| 2021 | $807 | $109,000 |
| 2020 | $807 | $109,000 |
| 2019 | $807 | $109,000 |
| 2018 | $807 +7% | $109,000 +1.2% |
| 2017 | $754 | $107,700 |
| 2016 | $754 +4.5% | $107,700 |
| 2015 | $722 | $107,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 22801
Nearby schools
GreatSchools rating
- 3/10Pleasant Valley Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 4/10Wilbur S. Pence Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Turner Ashby High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Pleasant Valley
- Middle: Wilbur S. Pence
- High: Turner Ashby
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Rockingham County
- Harrisonburg
- 22801
- 4861 S Valley Pike








