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    Salem, VA Flex Space for Sale

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    Roanoke, VA Cave Spring, VA Hollins, VA
    Salem Office | Manufacturing | Lab
    $670,000
    5,280 SF
    Salem Office | Manufacturing | Lab

    1405 Mill Race Dr, Salem, VA 24153

    Well-appointed office and lab/manufacturing space in Salem.
    • Versatile space suitable for office, manufacturing, or lab use
    • Dock height door for convenient deliveries and shipping
    • BCD zoning allows for a wide variety of business uses including manufacturing and processing
    • Well‑appointed office space with private offices and conference room
    • Lab/production area equipped with water lines, drains, and additional offices
    Updated: Jan 29
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

    Light Industrial Flex Building
    $349,900
    3,200 SF
    Light Industrial Flex Building

    Versatile 3,200 SF building on a small commercial & light industrial site, suited for light work, services, or storage.

    503 Plunkett Street, Bedford, VA 24523

    View details
    Versatile Commercial Property in Bedford
    $349,900
    3,200 SF
    Versatile Commercial Property in Bedford

    Commercial property with flexibility for business or investment uses.

    503 Plunkett St, Bedford, VA 24523

    View details
    Roanoke Office & Flex Building
    $675,000
    8,139 SF
    Roanoke Office & Flex Building

    8,139 SF office and flex building for sale.

    1818 Centre Ave NW, Roanoke, VA 24017

    View details
    Warehouse Flex Space For Sale
    $495,000
    9,000 SF
    Warehouse Flex Space For Sale

    Warehouse flex space with office near Downtown Roanoke.

    1415 Cleveland Ave SW, Roanoke, VA

    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.

    Wake Forest Industrial Development Site
    Contact for pricing
    16.38 Acres
    Wake Forest Industrial Development Site

    16.38-acre industrial development site in Wake Forest, North Carolina.

    4925 Unicon Drive, Wake Forest, NC 27587

    View details
    Commercial Land in Growing Zebulon
    $250,000
    0.68 Acres
    Commercial Land in Growing Zebulon

    Versatile 0.68-acre commercial land parcel in Zebulon, North Carolina.

    350 Pony Road, Zebulon, NC 27597

    View details
    Culpeper County Industrial Zoned Parcel
    $83,000
    Culpeper County Industrial Zoned Parcel

    M2 industrial-zoned land suitable for various commercial or industrial developments.

    15482 Braggs Corner Road, Culpeper, VA 22701

    View details
    Charlotte Industrial Land For Sale
    $200,000
    Charlotte Industrial Land For Sale

    Industrial land in growing corridor, suitable for various uses.

    2211 Carmine Street, Charlotte, NC 28206

    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.

    3941 Main St
    LIGHT INDUSTRIAL
    18,414 SF Lot: 6.60 Acres
    Estimated value
    $2,100,000

    3941 Main St, Salem, VA 24153-8503

    View details
    3838 Main St
    LIGHT INDUSTRIAL
    3,520 SF Lot: 0.74 Acres
    Value Estimation by Request

    3838 Main St, Salem, VA 24153-1964

    View details
    5731 Glenmary Dr
    LIGHT INDUSTRIAL
    14,016 SF Lot: 7.72 Acres
    Estimated value
    $755,000

    5731 Glenmary Dr, Salem, VA 24153-8310

    View details
    8484 Bradshaw Rd
    LIGHT INDUSTRIAL
    29,414 SF Lot: 194.78 Acres
    Estimated value
    $2,060,000

    8484 Bradshaw Rd, Salem, VA 24153-2246

    View details
    3930 Main St
    LIGHT INDUSTRIAL
    14,988 SF Lot: 4.30 Acres
    Estimated value
    $1,085,000

    3930 Main St, Salem, VA 24153

    View details
    4646 Technology Dr
    LIGHT INDUSTRIAL
    11,680 SF Lot: 3.42 Acres
    Estimated value
    $630,000

    4646 Technology Dr, Salem, VA 24153-8529

    View details
    638 Chapman St
    Distribution properties
    38,800 SF
    Value Estimation by Request

    638 Chapman St, Salem, VA 24153

    View details
    72 St John Rd
    Flex space
    7,942 SF Lot: 0.71 Acres
    Value Estimation by Request

    72 St John Rd, Salem, VA 24153

    View details
    3410 Main St
    LIGHT INDUSTRIAL
    11,570 SF Lot: 1.80 Acres
    Estimated value
    $920,000

    3410 Main St, Salem, VA 24153-2054

    View details

    Salem, VA Flex Space Investment Opportunities Market Analysis

    Explore 10 flex space for sale in Salem, VA on our real estate platform. These investment opportunities span a total of 5,280 square feet of properties for sale, with an estimated market value of $670,000.

    Sale prices for business spaces in Salem, VA start at $670,000, averaging $670,000, and reaching up to $670,000 — 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

    Warehouses 5
    Flex space 2
    Manufacturing properties 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 median listing prices of real estate assets

    Neighborhood Average Price
    24153 $670K

    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%

    Listings Trend

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