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Standalone Office/Retail Building
For Sale
$425,000

1532 Apperson Drive, Salem, VA 24153

Freestanding building constructed in 1950 provides flexible office or retail use on owned commercial land.

Property Size3,216 SF
Lot Size0.59 Acres
Price / SF$132.15
Days on Market49

Property Features for 1532 Apperson Drive

General Information

Standard status Active
Size 3,216 SF
Class B
Lot size 0.59 Acres
Property subtype Office

Building Details

Building Size 3,216 SF
Year Built 1950
Listing Agency: Poe & Cronk Real Estate
Listed By: Zachary May · License #0225271658
Source: Poecronk
Added: Jul 12 Changed: Aug 26 Last Checked: Aug 29 at 7:48AM

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 Poe & Cronk Real Estate

Investment Insights

Based on property information with market context.

1532 Apperson Drive in Salem, VA presents a freestanding building built in 1950, offering a flexible setup for office or retail users who want to own the real estate they operate from. The property includes a 3,216 SF standalone structure situated on 0.59 acres.

The site is positioned for business visibility with easy access in a growing area, making it a practical option for occupiers seeking a straightforward, ownership-oriented space.

Key Highlights

  • Freestanding 3,216 SF building suitable for office or retail use
  • Built in 1950 and situated on 0.59 acres of owned commercial land
  • Standalone commercial building with easy access in a growing area

Property Analytics

Current Use

Rustic and Refined Home Decor Store Best Choice Roofing Roofing Company

Suggested Use

Top Pick Law Firm HVAC Service Grocery & Convenience Store Restaurant (Bike/Boat/Book/etc) Store Garden Center

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

1,059
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding building constructed in 1950 provides flexible office or retail use on owned commercial land.
Where is this office building located?
The property is located at 1532 Apperson Drive Salem, VA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Freestanding 3,216 SF building suitable for office or retail use; Built in 1950 and situated on 0.59 acres of owned commercial land; Standalone commercial building with easy access in a growing area
More about this property
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