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Self-Storage Facility with Secure Access
New
For Sale
$6,050,000

2280 Salem Industrial Dr, Salem, VA 24153

257-unit facility with controlled entry, surveillance, security lighting, and an on-site management office.

Property Size44,008 SF
Price / SF$137.48
Days on Market2

Property Features for 2280 Salem Industrial Dr

General Information

Standard status Active
Size 44,008 SF
Property subtype Self Storage

Additional Details

Asking Price $6,050,000
Self-Storage Units 257

Amenities

Electronic gated access
Video surveillance
Security lighting
On-site management office

Building Details

Year Built 2001
Listing Agency: Nashville
Listed By: Ashley Compton · License #77340
Source: Colliers
Added: Sep 18 Changed: Sep 19 Last Checked: Sep 19 at 6:04AM

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 Nashville

Investment Insights

Based on property information with market context.

This 44,008-square-foot self-storage facility includes 257 units and was built in 2001. Improvements include electronic gate entry, video monitoring, security lighting, concrete drive aisles, and an on-site management office. The property is currently operated remotely and is below stabilized occupancy.

Located at 2280 Salem Industrial Dr in Salem, Virginia, the facility has visibility near SR-112 and exposure to approximately 20,000 vehicles per day. It serves the Roanoke MSA and the surrounding Roanoke Valley, whose employment base includes healthcare, manufacturing, and educational employers.

Key Highlights

  • 44,008 SF self‑storage facility with 257 units
  • Built in 2001 with an on‑site management office
  • Electronic gate access, video surveillance, and security lighting

Property Analytics

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Current Use

Forward Storage Salem Storage Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Auto Parts Store Skin Care Clinic

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

353
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - 257-unit facility with controlled entry, surveillance, security lighting, and an on-site management office.
Where is this self storage facility located?
The property is located at 2280 Salem Industrial Dr Salem, VA.
What is the asking price?
The asking price for this property is $6,050,000.
What are key features of this property?
This property features: 44,008 SF self‑storage facility with 257 units; Built in 2001 with an on‑site management office; Electronic gate access, video surveillance, and security lighting
More about this property
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