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    Salem, VA Automotive Properties for Sale

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    Roanoke, VA Cave Spring, VA Hollins, VA
    Industrial, Retail
    $2,070,357
    19,941 SF

    Industrial, Retail

    327 S College Ave, Salem, VA 24153

    Auto shops · 19,941 SF

    • Corporate‑backed lease with 8 years remaining, Caliber Collision, backed by publicly traded CWD
    • Minimal landlord responsibilities; ideal for passive income
    • 10% rent increases every five years; next increase in April 2028
    • Established location; tenant has operated successfully here for 7 years
    • Attractive location in Roanoke MSA, VA with high‑income demographics (average household income within 1 mile: $84,000)
    Updated: Feb 20
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Roanoke Parking Lot Auction
    $150,000
    0.13 Acres

    Downtown Roanoke Parking Lot Auction

    Prime downtown parking lot with immediate income potential.

    506 1st St SW, Roanoke, VA 24011
    View details
    Blacksburg Commercial Property For Sale
    $3,480,000
    1.19 Acres

    Blacksburg Commercial Property For Sale

    Main Street location near Virginia Tech with development potential.

    1107 N Main St, Blacksburg, VA 24060
    View details
    Blacksburg Gas Station and Service
    $1,850,000
    0.33 Acres

    Blacksburg Gas Station and Service

    Gas station and service center near Virginia Tech campus.

    1107 N MAIN STREET, Blacksburg, VA 24060
    View details
    Williamson Road Auto Repair Property
    Contact for pricing
    15,180 SF

    Williamson Road Auto Repair Property

    Auto repair property with income potential on Williamson Road.

    3014 Trinkle Ave NW, Roanoke, VA 24012
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Parcels Adjacent to Home Depot
    Contact for pricing
    2.30 Acres

    Land Parcels Adjacent to Home Depot

    Parcels near Home Depot suitable for retail and hospitality.

    3217 Hershberger Rd. |, Roanoke, VA 24017
    View details
    Dublin, VA Commercial Land
    $795,000
    12.65 Acres

    Dublin, VA Commercial Land

    9.816 acre commercial land with high traffic volume.

    TBD Lee Highway, Dublin, VA 24084
    View details
    Martinsville, VA Commercial Land
    $79,900
    1.40 Acres

    Martinsville, VA Commercial Land

    Flat 1.4 acre lot suitable for commercial development.

    A L Philpott Hwy, Martinsville, VA 24112
    View details
    Ridgeway, VA Land For Sale
    $188,000
    2.68 Acres

    Ridgeway, VA Land For Sale

    2.68 acres on Morehead Ave in Ridgeway, VA.

    342 Morehead Avenue, Ridgeway, VA 24148
    View details

    Off-Market Properties in Salem, VA

    Consider similar Off-Market properties in Salem, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3716 Garman Rd
    SERVICE STATION (FULL SERVICE)
    2,520 SF Lot: 1.47 Acres
    Value Estimation by Request

    3716 Garman Rd, Salem, VA 24153-8800

    View details
    5264 Main St
    SERVICE STATION (FULL SERVICE)
    24,835 SF Lot: 3.91 Acres
    Estimated value
    $1,475,000

    5264 Main St, Salem, VA 24153-8356

    View details
    925 Electric Rd
    VEHICLE SALES, RENTALS
    27,922 SF Lot: 15.25 Acres
    Estimated value
    $2,265,000

    925 Electric Rd, Salem, VA 24153-4165

    View details
    4004 Main St
    SERVICE STATION (FULL SERVICE)
    4,650 SF Lot: 1.20 Acres
    Value Estimation by Request

    4004 Main St, Salem, VA 24153-8504

    View details
    4414 Main St
    SERVICE STATION (FULL SERVICE)
    1,300 SF Lot: 1.00 Acre
    Value Estimation by Request

    4414 Main St, Salem, VA 24153-8512

    View details
    3306 Main St
    VEHICLE SALES, RENTALS
    2,850 SF Lot: 0.81 Acres
    Value Estimation by Request

    3306 Main St, Salem, VA 24153-2052

    View details
    3902 Main St
    SERVICE STATION (FULL SERVICE)
    9,600 SF Lot: 3.15 Acres
    Estimated value
    $675,000

    3902 Main St, Salem, VA 24153-8502

    View details
    3327 Shawnee Dr
    SERVICE STATION (FULL SERVICE)
    4,464 SF Lot: 1.59 Acres
    Value Estimation by Request

    3327 Shawnee Dr, Salem, VA 24153-2065

    View details
    4126 Main St
    VEHICLE SALES, RENTALS
    4,110 SF Lot: 1.90 Acres
    Value Estimation by Request

    4126 Main St, Salem, VA 24153-8506

    View details
    4024 Crossmill Ln
    SERVICE STATION (FULL SERVICE)
    3,492 SF Lot: 1.00 Acre
    Value Estimation by Request

    4024 Crossmill Ln, Salem, VA 24153

    View details

    Salem, VA Automotive Properties Investment Opportunities Market Analysis

    Explore 11 automotive properties for sale in Salem, VA on our real estate platform. These investment opportunities span a total of 19,941 square feet of properties for sale, with an estimated market value of $2,070,357.

    Sale prices for automotive businesses in Salem, VA start at $2,070,357, averaging $2,070,357, and reaching up to $2,070,357 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Auto shops 1

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 38K
    Population Growth (5Y) +0.3%
    Median Household Income $72,691
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    24153 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $16.64 per sq ft
    Average Loan-to-Value 65.0%

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