For Sale
Contact for pricing
327 S College Ave, Salem, VA 24153
Auto shops
Property Size19,941 SF
Price / SF$103.82
Days on Market182
Property Features for 327 S College Ave
General Information
Standard status
Active
Size
19,941 SF
Property subtype
Industrial, Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$144,925
Building Details
Year Built
1962
Buildings
2
Stories
2
Tenancy
Single
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 8 at 2:48PM
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 Anchor Point Capital
Investment Insights
Based on property information with market context.
Key Highlights
- Corporate‑backed lease with 8 years remaining, Caliber Collision, backed by publicly traded CWD
- Minimal landlord responsibilities; ideal for passive income
- 10% rent increases every five years; next increase in April 2028
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Well-served
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
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Salem Import Services — 1113 Florida St, Salem, VA 24153
- Acceleration Station — 1105 Delaware St, Salem, VA 24153
- Brown & Son Llc — 300 9th St, Salem, VA 24153
- Dwh Performance Inc — 1125 Delaware St, Salem, VA 24153
- Seacrist Motor Sports Inc. — 1109 Florida St, Salem, VA 24153
Frequently Asked Questions
Where is this auto shop located?
The property is located at 327 S College Ave Salem, VA.
What is the asking price?
The asking price for this property is $2,070,357.
What are key features of this property?
This property features: Corporate‑backed lease with 8 years remaining, Caliber Collision, backed by publicly traded CWD; Minimal landlord responsibilities; ideal for passive income; 10% rent increases every five years; next increase in April 2028
