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Residential Vacant Lot in Salem
For Sale
$75,000

416 Bruffey Street, Salem, VA 24153

Residential lot near amenities with utilities available and building approval.

Property Size7,405 SF
Lot Size0.17 Acres
Price / SF$10.13
Days on Market164

Property Features for 416 Bruffey Street

General Information

Standard status Active
Size 7,405 SF
Lot size 0.17 Acres
Property subtype Land / Unimproved Lot
Zoning RSF

Taxes and HOA fees

Annual Taxes $183

Amenities

Available
0.0
Listing Agency: F & W REAL ESTATE GROUP
Listed By: BRANDON MEADE · License #0225226499
Source: Compass
Added: Mar 12 Changed: Aug 8 Last Checked: Jul 15 at 8:06PM

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 F & W REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This residential vacant lot is situated on a quiet street in Salem, offering convenient access to local shops, restaurants, schools, and grocery stores. The property spans 7405 square feet and features an existing paved driveway. City water, sewer, and electricity hookups are available at the street. Preliminary verbal approval has been granted by the city for the construction of a three-bedroom, two-bathroom, single-level home on the site. The property is suitable for residential development.

Key Highlights

  • Preliminary verbal approval for a 3‑bedroom, 2‑bathroom, single‑level home.
  • City water and sewer hookups available at the street.
  • Existing paved driveway on the lot.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Dental Office Veterinary 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

463
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot near amenities with utilities available and building approval.
Where is this residential land & home lot located?
The property is located at 416 Bruffey Street Salem, VA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Preliminary verbal approval for a 3‑bedroom, 2‑bathroom, single‑level home.; City water and sewer hookups available at the street.; Existing paved driveway on the lot.
More about this property
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