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Corner Storefront Property
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Pending

1000 Electric Rd, Salem, VA 24153

RB-zoned property at 1000 Electric Rd with a former convenience-store use.

Property Size2,834 SF
Days on Market389

Property Features for 1000 Electric Rd

General Information

Standard status Pending
Size 2,834 SF
Property subtype Retail
Zoning RB
Investment Type Owner/User

Additional Details

Corner Location Yes
Listing Agency: Nest Realty Group
Listed By: Scott Miller · License #VA 0225240762
Source: Crexi
Added: Aug 8, 2025 Changed: Aug 29 Last Checked: Aug 29 at 9:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nest Realty Group

Investment Insights

Based on property information with market context.

This RB-zoned storefront property is located at 1000 Electric Rd in Salem, Virginia. The property previously operated as a convenience store, providing a documented retail-oriented prior use without assumptions about current improvements or permitted uses.

Positioned on a commercial corner, the property receives exposure to more than 20K vehicles per day. Its address and reported traffic volume offer practical context for evaluating the site for future commercial use.

Key Highlights

  • RB zoning
  • Former convenience‑store use
  • Commercial corner location

Property Analytics

Current Use

Speedway Grocery & Convenience Store Speedway ATM Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Grocery & Convenience Store Storage Facility Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby
Balanced
Demand for This Use

Demographics for 24153, VA

38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • GATEWOOD ROSE 1931 Apperson Dr, Salem, VA 24153

Frequently Asked Questions

What type of property is this?
Storefront property - RB-zoned property at 1000 Electric Rd with a former convenience-store use.
Where is this storefront property located?
The property is located at 1000 Electric Rd Salem, VA.
What are key features of this property?
This property features: RB zoning; Former convenience‑store use; Commercial corner location
More about this property
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