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    Salem, VA Industrial Properties 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
    Industrial Property with Two Buildings
    $1,295,000
    9,200 SF

    Industrial Property with Two Buildings

    3718 Garman Rd |, Salem, VA 24153

    Two industrial buildings totaling 9,200 SF on 1.4 acres.

    • 1.4 acres zoned Industrial I‑2, ideal for warehouse/distribution.
    • Two buildings totaling 9,200 SF (4,480 SF and 4,720 SF).
    • Excellent Salem, Virginia location near Kroger Facilities.
    • Proximity to major highways.
    • Building at 3718 Garman features 20’ high ceilings and was built in 2018.
    Updated: Sep 25, 2025
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    Peters Creek Road Commercial Property
    $1,300,000
    14,600 SF

    Peters Creek Road Commercial Property

    Commercial property with visibility and access on 1.27 acres.

    3783 Peters Creek Rd, Roanoke, VA 24018
    View details
    Roanoke Industrial Property For Sale
    $450,000
    5,200 SF

    Roanoke Industrial Property For Sale

    5,200 SF industrial property available in Roanoke, Virginia.

    1715 Murry Rd SW, Roanoke, VA
    View details
    Roanoke Warehouse For Sale
    $1,250,000
    9,815 SF

    Roanoke Warehouse For Sale

    9,815 SF warehouse available for purchase in Roanoke, VA.

    2314 Patterson Ave SW, Roanoke, VA
    View details
    Renovated Commercial Property For Sale
    $199,000
    1,409 SF

    Renovated Commercial Property For Sale

    Renovated commercial property in high-traffic area with easy access.

    4621 Melrose Ave NW, 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.

    Commercial Land Near I-81
    $1,495,000
    7.90 Acres

    Commercial Land Near I-81

    7.9 acres of commercial land with I-81 visibility.

    TBD Brammer Lane, Christiansburg, VA 24073
    View details
    Commercial Land with Road Frontage
    $1,495,000
    7.90 Acres

    Commercial Land with Road Frontage

    7.9 acres of commercial land with high visibility.

    TBD Brammer Lane, Christiansburg, VA 24073
    View details
    Prime Commercial Lot For Sale
    $450,000
    0.72 Acres

    Prime Commercial Lot For Sale

    Exceptional commercial lot with high visibility and traffic count.

    Tanyard Rd, Rocky Mount, VA 24151
    View details
    Development Land Along I-64 Corridor
    $1,700,000
    68.50 Acres

    Development Land Along I-64 Corridor

    68.5 acre development property with high visibility along I-64.

    1000 Irvine Farm Road, Covington, VA 24426
    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.

    3351 Shawnee Dr

    3351 Shawnee Dr

    TRUCK TERMINAL (MOTOR FREIGHT) • 6,200 SF
    Value Estimation
    $1,225,000
    3351 Shawnee Dr, Salem, VA 24153-2065
    View details
    626 Chapman St

    626 Chapman St

    WAREHOUSE, STORAGE • 19,000 SF
    Value Estimation
    $990,000
    626 Chapman St, Salem, VA 24153-5016
    View details
    659 Broad St

    659 Broad St

    INDUSTRIAL (GENERAL) • 4,750 SF
    Value Estimation
    $1,135,000
    659 Broad St, Salem, VA 24153-5023
    View details
    1100 Intervale Dr

    1100 Intervale Dr

    INDUSTRIAL (GENERAL) • 170,000 SF
    Value Estimation
    $11,040,000
    1100 Intervale Dr, Salem, VA 24153-6416
    View details
    3941 Main St

    3941 Main St

    LIGHT INDUSTRIAL • 18,414 SF
    Value Estimation
    $2,100,000
    3941 Main St, Salem, VA 24153-8503
    View details
    22 7th St

    22 7th St

    INDUSTRIAL (GENERAL) • 391 SF
    Value Estimation by Request
    22 7th St, Salem, VA 24153-5137
    View details
    1113 Tinsley St

    1113 Tinsley St

    WAREHOUSE, STORAGE • 3,600 SF
    Value Estimation by Request
    1113 Tinsley St, Salem, VA 24153-4701
    View details
    504 Roanoke St

    504 Roanoke St

    WAREHOUSE, STORAGE • 15,000 SF
    Value Estimation
    $1,010,000
    504 Roanoke St, Salem, VA 24153-3552
    View details
    1491 Southside Dr

    1491 Southside Dr

    WAREHOUSE, STORAGE • 3,160 SF
    Value Estimation by Request
    1491 Southside Dr, Salem, VA 24153-4601
    View details
    3916 Daugherty Rd

    3916 Daugherty Rd

    WAREHOUSE, STORAGE • 8,026 SF
    Value Estimation by Request
    3916 Daugherty Rd, Salem, VA 24153-1988
    View details
    1501 Roanoke Blvd

    1501 Roanoke Blvd

    INDUSTRIAL (GENERAL) • 720,088 SF
    Value Estimation
    $19,070,000
    1501 Roanoke Blvd, Salem, VA 24153-6422
    View details
    2020 Salem Industrial Dr

    2020 Salem Industrial Dr

    INDUSTRIAL (GENERAL) • 2,520 SF
    Value Estimation
    $3,120,000
    2020 Salem Industrial Dr, Salem, VA 24153
    View details
    3838 Main St

    3838 Main St

    LIGHT INDUSTRIAL • 3,520 SF
    Value Estimation by Request
    3838 Main St, Salem, VA 24153-1964
    View details
    1490 Southside Dr

    1490 Southside Dr

    INDUSTRIAL (GENERAL) • 5,600 SF
    Value Estimation by Request
    1490 Southside Dr, Salem, VA 24153-4602
    View details
    2132 Salem Industrial Dr

    2132 Salem Industrial Dr

    WAREHOUSE, STORAGE • 3,818 SF
    Value Estimation by Request
    2132 Salem Industrial Dr, Salem, VA 24153-3144
    View details
    1950 Salem Industrial Dr

    1950 Salem Industrial Dr

    INDUSTRIAL (GENERAL) • 295,156 SF
    Value Estimation
    $9,600,000
    1950 Salem Industrial Dr, Salem, VA 24153
    View details
    6410 Technology Dr

    6410 Technology Dr

    WAREHOUSE, STORAGE • 60,000 SF
    Value Estimation
    $2,795,000
    6410 Technology Dr, Salem, VA 24153-8644
    View details
    72 Saint Johns Pl Rd

    72 Saint Johns Pl Rd

    INDUSTRIAL (GENERAL) • 7,500 SF
    Value Estimation
    $2,535,000
    72 Saint Johns Pl Rd, Salem, VA 24153-5568
    View details
    170 Saint Johns Pl Rd

    170 Saint Johns Pl Rd

    CONDOMINIUMS (INDUSTRIAL) • 1,199 SF
    Value Estimation by Request
    170 Saint Johns Pl Rd, Salem, VA 24153-5565
    View details
    174 Saint Johns Pl Rd

    174 Saint Johns Pl Rd

    CONDOMINIUMS (INDUSTRIAL) • 1,199 SF
    Value Estimation by Request
    174 Saint Johns Pl Rd, Salem, VA 24153-5565
    View details
    27 Ml Ln

    27 Ml Ln

    INDUSTRIAL (GENERAL) • 36,676 SF
    Value Estimation
    $10,390,000
    27 Ml Ln, Salem, VA 24153-3103
    View details
    629 Broad St

    629 Broad St

    INDUSTRIAL (GENERAL) • 4,750 SF
    Value Estimation
    $1,770,000
    629 Broad St, Salem, VA 24153-5023
    View details

    Salem, VA Industrial Properties Investment Opportunities Market Analysis

    Explore 72 industrial properties for sale in Salem, VA on our real estate platform. These investment opportunities span a total of 14,480 square feet of properties for sale, with an estimated market value of $1,965,000.

    Sale prices for industrial buildings in Salem, VA start at $670,000, averaging $982,500, and reaching up to $1,295,000 — 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 Strategic 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 $982.5K

    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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