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Salem, VA Commercial Land for Sale

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Commercial Land in Salem, VA
Updated: Apr 13
Commercial Land in Salem, VA

625 W 4th St, Salem, VA 24153

$195,000
0.70 AC lot
Great commercial location zoned HBD.
Corner lot on 4th Street and Wilson Street.
Includes two parcels: 231 Wilson Street (HBD) and 229 Wilson Street (RSF).
Public water source.
Public sewer.
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Salem, VA Commercial Land
Updated: Mar 18
Salem, VA Commercial Land

W Main St, Salem, VA 24153

$180,000
0.96 AC lot
Highly sought‑after Salem area location.
Level lot, ideal for construction.
Perfect corner lot location with high visibility.
Zoned C‑1 for commercial use.
Public water source available.
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Salem, VA Corner Lot
Salem, VA Corner Lot

W Main St, Salem, VA 24153

$180,000
0.96 AC lot

Level corner lot in Salem, VA, zoned C-1.

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Salem, VA Land For Sale
Salem, VA Land For Sale

1000 BLK Polar Ln, Salem, VA 24153

$650,000
12.45 AC lot

12.45 acre land parcel in Salem, Virginia.

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Commercial Corner Development Lot
Commercial Corner Development Lot

2145 Roanoke BLVD, Salem, VA 24153

$125,000

Corner lot directly across from a medical campus, offering flexible conceptual plans for multiple commercial uses.

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Industrial Land Near Interstate 81
Industrial Land Near Interstate 81

6190 Twine Hollow |, Salem, VA 24153

Contact for pricing

11.7 acres of industrial land near Dixie Caverns exit.

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Commercial Land Ready For Rezoning
Commercial Land Ready For Rezoning

1260 Highland Rd, Salem, VA

$799,000
1.62 AC lot

Three lots totaling 1.62 acres, prime for commercial rezoning.

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Keagy Road Commercial Land Lot
Keagy Road Commercial Land Lot

3525 Keagy Rd, Salem, VA

$665,000
1.31 AC lot

Commercial land lot suitable for office or medical building.

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Commercial Land with High Visibility
Commercial Land with High Visibility

142 Horner Ln, Salem, VA

$720,000
0.93 AC lot

0.927 acre commercial land with easy highway access.

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Developable Land For Sale
Developable Land For Sale

2005 E Main St, Salem, VA 24153

$149,950
0.56 AC lot

0.56 AC developable land, ideal for retail, restaurant, or office.

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Commercial Land on Main Street
Commercial Land on Main Street

922 W Main St, Salem, VA

$4,900,000
7.20 AC lot

Commercial land available on high-traffic Main Street.

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11.7 Acres Near Interstate 81
11.7 Acres Near Interstate 81

6190 Twine Hollow Rd, Salem, VA 24153

$850,000
11.70 AC lot

11.7 acres suitable for business serving Blacksburg-Christiansburg and Roanoke.

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Commercial Land with High Visibility
Commercial Land with High Visibility

142 Horner Ln, Salem, VA 24153

$720,000
0.93 AC lot

0.927 acre commercial land with easy highway access.

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Keagy Road Commercial Lot
Keagy Road Commercial Lot

3525 Keagy Rd, Salem, VA 24153

$649,000

Commercial lot zoned HBD, suitable for office or medical building.

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Retail Redevelopment Opportunity in Salem
Retail Redevelopment Opportunity in Salem

1622 E Main St, Salem, VA 24153

$1,300,000
2.25 AC lot

Prime retail redevelopment property in Salem, VA, with high visibility.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

9.38 Acre Development Site
9.38 Acre Development Site

5028 Starkey Road, Cave Spring, VA 24018

$2,345,000
9 sqft · 9.38 AC lot

9.38 acre development site in SW Roanoke County.

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16.86 Acres on Peters Creek
16.86 Acres on Peters Creek

Peters Creek Rd NW, Roanoke, VA

$3,000,000
16.86 AC lot

16.86 acres with 629 FT of Peters Creek Road frontage.

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Commercial Land with High Visibility
Commercial Land with High Visibility

4435 S Peak Blvd, Cave Spring, VA

$1,750,000
2.48 AC lot

Commercial land with high visibility and signalized entrances.

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Commercial Land Near High Traffic
Commercial Land Near High Traffic

3771 Peters Creek Rd Ext SW, Roanoke, VA

$449,000
1.15 AC lot

1.15 acre commercial land near Peters Creek Road.

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.

300 Burwell St
VACANT COMMERCIAL LAND

300 Burwell St, Salem, VA 24153-3631

Value Estimation by Request
0.36 AC lot
View details
1951 Main St
VACANT COMMERCIAL LAND

1951 Main St, Salem, VA 24153-3109

$2,040,000
Estimated value
0.36 AC lot
View details
1108 Delaware St
VACANT COMMERCIAL LAND

1108 Delaware St, Salem, VA 24153-6340

Value Estimation by Request
0.09 AC lot
View details
1601 Millbrook St
VACANT COMMERCIAL LAND

1601 Millbrook St, Salem, VA 24153

Value Estimation by Request
3.31 AC lot
View details
1312 Lynchburg Tpke
VACANT COMMERCIAL LAND

1312 Lynchburg Tpke, Salem, VA 24153

Value Estimation by Request
3.75 AC lot
View details
2050 Salem Industrial Dr
VACANT COMMERCIAL LAND

2050 Salem Industrial Dr, Salem, VA 24153-3142

Value Estimation by Request
0.61 AC lot
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1631 Lynchburg Tpke
VACANT COMMERCIAL LAND

1631 Lynchburg Tpke, Salem, VA 24153-5409

Value Estimation by Request
0.50 AC lot
View details
98 Electric Rd
VACANT COMMERCIAL LAND

98 Electric Rd, Salem, VA 24153

$1,300,000
Estimated value
2.08 AC lot
View details
2145 Roanoke Blvd
VACANT COMMERCIAL LAND

2145 Roanoke Blvd, Salem, VA 24153-6401

Value Estimation by Request
1.07 AC lot
View details

Salem, VA Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Salem, VA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 1 square feet of properties for sale, with an estimated market value of $125,000.

Sale prices for commercial lots in Salem, VA start at $125,000, averaging $125,000, and reaching up to $125,000 — 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

Commercial property segments ranked by active listings on the market

Commercial land 20
Residential land & home lots 3
Industrial land 2
Hunting land 1
Recreation land 1

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 average listing prices of real estate assets

Neighborhood Average Price
24153 $487K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Salem city

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 1 to 5 acres range.

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