Listing Agency: MKB Commercial

Listed By: NICK PATEL · License #0225277352

Source: Crexi

Added: Aug 22 Changed: Aug 30 Last Checked: Sep 5 at 1:43PM

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Investment Insights

Based on property information with market context.

This commercial land offering comprises 5.41 acres associated with multiple addresses: 167, 173, 195, and 199 Sheraton Drive. The property is located in Salem, Virginia, within the 24153 ZIP code.

The site is identified with a Commercial Land zoning designation and fronts Sheraton Drive. No building improvements or additional physical features are specified.

Key Highlights

• 5.41 acres of commercial land
• Commercial Land zoning designation
• Addresses include 167, 173, 195, and 199 Sheraton Drive

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop Spa & Massage 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

80

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - The site carries a Commercial Land zoning designation along Sheraton Drive.

Where is this commercial land located?

The property is located at 167 173 195 199 Sheraton Drive Salem, VA.

What is the asking price?

The asking price for this property is $949,999.

What are key features of this property?

This property features: 5.41 acres of commercial land; Commercial Land zoning designation; Addresses include 167, 173, 195, and 199 Sheraton Drive