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Flex Space with Oversized Garage Doors
For Sale
$249,000

4651 Salem Hwy, Stuart, VA 24171

A block building combines open garage space with a rear office and level land along paved Salem Highway.

Property Size2,827 SF
Lot Size0.53 Acres
Price / SF$88.08
Days on Market13

Property Features for 4651 Salem Hwy

General Information

Standard status Active
Size 2,827 SF
Lot size 0.53 Acres
Property subtype Business Opportunity

Warehouse & Industrial

Office Build-Out 146 SF
Drive-In Doors 2

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $386

Amenities

durable concrete floor
two oversized garage doors
two personnel doors
office addition
well

Building Details

Buildings 1
Building Size 2,827 SF
Construction block
Listing Agency: United Country Lambert Realty
Listed By: Johnny Lambert
Source: Exprealty
Added: Sep 25 Changed: Oct 6 Last Checked: Oct 6 at 2:50AM

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 United Country Lambert Realty

Investment Insights

Based on property information with market context.

At 4651 Salem Highway, this flex property includes a 2,827-square-foot block building on approximately 0.53 acres of level land. The interior has a concrete floor, two oversized garage doors, and two personnel doors. A rear office addition measures 10 feet by 14 feet 7 inches. The property was previously used as a trucking garage.

The site fronts paved Salem Highway, with access to Stuart, Martinsville, Floyd, Virginia, and Mount Airy, North Carolina. A well is situated in front of the building. There is no septic system currently on the property.

Key Highlights

  • 2,827‑square‑foot block building on approximately 0.53 acres
  • Two garage doors, each approximately 14 feet wide by 14 feet tall
  • Concrete floor and two personnel doors

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 24171, VA

8,090
Population
4,682
Households
1.7
Avg Household Size
52
Median Age
19%
College-Educated
87%
High-School Grad
199.1 sq mi
ZIP Area
41
Density / Sq Mi
$49,764
Median Household Income
$36,455
Median Earnings
$689
Median Rent
$135,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A block building combines open garage space with a rear office and level land along paved Salem Highway.
Where is this flex space located?
The property is located at 4651 Salem Hwy Stuart, VA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 2,827‑square‑foot block building on approximately 0.53 acres; Two garage doors, each approximately 14 feet wide by 14 feet tall; Concrete floor and two personnel doors
More about this property
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