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    6190 Twine Hollow Rd, Unit | Salem Salem, VA 24153

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    For Sale
    $850,000

    11.7 acres of industrial land near Dixie Caverns exit.

    Source: Tcnworldwide

    Listing Agent: Trent Weaver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land Near Interstate 81

    This 11.7-acre industrial land parcel is located near the Dixie Caverns exit off Interstate 81. The property is zoned I2-C, which is hard to find. It is suitable for businesses serving the Blacksburg-Christiansburg and Roanoke areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Clothing Store Pawn Shop Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    Virginia
    Longitude
    -80.1918193
    Latitude
    37.2558299

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    FAQs

    What type of property is this?
    Commercial land - 11.7 acres of industrial land near Dixie Caverns exit.
    Where is this commercial land located?
    The property is located at 6190 Twine Hollow Rd, Unit | Salem Salem, VA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 11.7 acres of land.; - Excellent location near Dixie Caverns exit to Interstate 81.; - Zoned Industrial I2-C.
    (540) 204-4935
    Request Owner's contact information
    6190 Twine Hollow Rd, Unit | Salem Salem, VA 24153
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    Salem, VA 24153
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6190 Twine Hollow Rd, Unit | Salem Salem, VA 24153
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