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    450 W Pershing St Salem, OH 44460

    For Sale
    $480,000

    Redevelopment site in Salem, OH, zoned M-2 Heavy Industrial.

    Property size:
    28,411 SF
    Lot size:
    2.74 Acres

    Property Features for 450 W Pershing St

    General Information

    Size
    28,411 SF
    Lot size
    2.74 Acres

    Source: Platz Realty Group Agent Theresa Morse

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

    Overview

    Salem, OH Redevelopment Site

    This is a redevelopment site located in Salem, OH. The property is zoned M-2 Heavy Industrial. All city utilities are present. The site is eligible for tax abatement. The property size is 28,411 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.8626748
    Latitude
    40.8999685

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    FAQs

    What type of property is this?
    Industrial land - Redevelopment site in Salem, OH, zoned M-2 Heavy Industrial.
    Where is this industrial land located?
    The property is located at 450 W Pershing St Salem, OH.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Redevelopment site ready for your vision.; - Zoned M-2 Heavy Industrial, offering diverse possibilities.; - All City Utilities present, simplifying development.
    (330) 518-6082
    Request Owner's contact information
    450 W Pershing St Salem, OH 44460
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    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
    450 W Pershing St Salem, OH 44460
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