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    1701 Midland Rd Salem, VA 24153

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    For Lease
    Contact for pricing

    9,625 SF industrial space with access to I-81.

    Property size:
    9,625 SF
    Lot size:
    4.54 Acres

    Property Features for 1701 Midland Rd

    General Information

    Size
    9,625 SF
    Lot size
    4.54 Acres

    Source: Poe & Cronk Real Estate Group Agent Adam Hardy

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

    Overview

    Industrial Space in Salem, Virginia

    This 9,625 square foot industrial space is located off Electric Road in Salem, Virginia. It adjoins a 6,600 square foot office space and offers access to the rest of the Roanoke Valley and I-81.
    Insight Report Location Intelligence

    Current Use by Public Records

    Intricate Manufacturer IFCO Distribution Service

    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
    Salem
    State
    Virginia
    Longitude
    -80.033432
    Latitude
    37.2739584

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    FAQs

    What type of property is this?
    Flex space - 9,625 SF industrial space with access to I-81.
    Where is this flex space located?
    The property is located at 1701 Midland Rd Salem, VA.
    What are key features of this property?
    This property features: - 9,625 sf industrial space; - Located off Electric Road in Salem, Virginia; - Great access to the Roanoke Valley
    (540) 982-2444
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    1701 Midland Rd 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
    1701 Midland Rd Salem, VA 24153
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