Garden Center Investment
For Sale
$624,950
1929 Apperson Dr, Salem, VA 24153
Garden center property with more than 400 feet of road frontage and reported daily traffic exceeding 21,000 vehicles.
Property Size6,143 SF
Lot Size0.87 Acres
Price / SF$101.73
Days on Market450
Property Features for 1929 Apperson Dr
General Information
Standard status
Active
Size
6,143 SF
Lot size
0.87 Acres
Occupancy
100%
Site & Location
Traffic Count
21,000 vehicles/day
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,600
Building Details
Tenancy
Single
Listing Agency:
EDWIN C HALL ASSOCIATES INC
(540) 982-0011
Listed By:
GAVIN MILES HOLLINGSWORTH · License #0225233452
(540) 797-8250
Source:
Exprealty
Added: Jun 12, 2025
Changed: Aug 25
Last Checked: Sep 4 at 10:21AM
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 EDWIN C HALL ASSOCIATES INC
Investment Insights
Based on property information with market context.
This for-sale garden center and specialty property includes a single building of approximately 6,143 square feet on roughly 0.87 acres. Reported owner improvements include a new roof, fresh exterior paint, and cosmetic upgrades. The property is leased to Blue Ridge Hydroponics, with the tenant in its first year of a five-year lease that includes annual rent escalations.
The site is positioned along the main corridor linking Salem and Roanoke, offering over 400 feet of road frontage. Public remarks also cite daily traffic flow exceeding 21,000+ vehicles, supporting strong visibility and access for retail-facing operations.
The tenant occupies as the sole occupant under the current lease, which is structured for straightforward day-to-day management and ongoing income through the remaining term.
The site is positioned along the main corridor linking Salem and Roanoke, offering over 400 feet of road frontage. Public remarks also cite daily traffic flow exceeding 21,000+ vehicles, supporting strong visibility and access for retail-facing operations.
The tenant occupies as the sole occupant under the current lease, which is structured for straightforward day-to-day management and ongoing income through the remaining term.
Key Highlights
- Approximately 6,143 SF building on roughly 0.87 acre with over 400 ft of road frontage
- Reported daily traffic exceeding 21,000 vehicles along the main corridor linking Salem and Roanoke
- Tenant: Blue Ridge Hydroponics; sole occupying tenant on the property
Property Analytics
Property Profile
Current Use
Lease Details
21,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Balanced
Demand for This Use
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
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Similar Off Market Nearby
- Brandon Point Community Garden — Roanoke, VA 24018
- Blue Ridge Hydroponics and Garden Supply — 1931 Apperson Dr, Salem, VA 24153
Frequently Asked Questions
What type of property is this?
Nursery and garden center - Garden center property with more than 400 feet of road frontage and reported daily traffic exceeding 21,000 vehicles.
Where is this nursery and garden center located?
The property is located at 1929 Apperson Dr Salem, VA.
What is the asking price?
The asking price for this property is $624,950.
What are key features of this property?
This property features: Approximately 6,143 SF building on roughly 0.87 acre with over 400 ft of road frontage; Reported daily traffic exceeding 21,000 vehicles along the main corridor linking Salem and Roanoke; Tenant: Blue Ridge Hydroponics; sole occupying tenant on the property
