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    152 Continental Dr Salem, OH 44460

    For Sale
    $2,345,000

    30,200 SF showroom and service garages on 5+ acres.

    Property size:
    30,200 SF
    Lot size:
    4.95 Acres

    Property Features for 152 Continental Dr

    General Information

    Size
    30,200 SF
    Lot size
    4.95 Acres

    Source: Platz Realty Group Agent Don Thomas

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

    Overview

    Former Dealership on 5 Acres

    This property, formerly a Ford dealership, features a 30,200-square-foot showroom and service garage area situated on over five acres. The location offers high traffic and prominent signage on State Street. It is positioned near Salem Hospital and various major retailers, including Home Depot, Walmart, Starbucks, Chipotle, Marcs, and Giant Eagle.
    Insight Report Location Intelligence

    Current Use by Public Records

    Donnell Ford Lincoln ... Auto Parts Store Donnell Ford Lincoln ... Auto Repair Shop Donnell Ford Lincoln ... Auto Parts Store Donnell Ford Lincoln ... Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Penske Truck Rental

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.8259199
    Latitude
    40.9019972

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    FAQs

    What type of property is this?
    Automotive property - 30,200 SF showroom and service garages on 5+ acres.
    Where is this automotive property located?
    The property is located at 152 Continental Dr Salem, OH.
    What is the asking price?
    The asking price for this property is $2,345,000.
    What are key features of this property?
    This property features: - High traffic location on State St with great signage.; - 30,200 SF showroom plus service garages on 5+ acres.; - Former Ford Dealership.
    (501) 269-3827
    Request Owner's contact information
    152 Continental Dr Salem, OH 44460
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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
    152 Continental Dr Salem, OH 44460
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