Industrial Development Land
5647 W River Rd Salem, VA 24153
5647 W River Rd, Salem, VA, 24153
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For Sale
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Approximately 48-acre waterfront tract with I-2 and R-1 zoning and existing access to electric plus public water and sewer across W. River Road.
Lot Size48.00 Acres
Days on Market92
Property Features for 5647 W River Rd
General Information
- Standard status
- Active
- Lot size
- 48.00 Acres
- Property subtype
- Land
Listing agency
Waldvogel Commercial Properties
Listed by
Krista Vannoy, CCIM, SIOR · License #VA
Source
Crexi
Added: Apr 21 Updated: Jul 20 at 5:06PM Checked: Jul 20 at 5:06PM
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 Waldvogel Commercial Properties
Investment Insights
Based on property information with market context.
The property is an approximately 48-acre industrial development tract positioned along the Roanoke River. Topography is generally level with moderate slope. The eastern boundary is along the Roanoke River, with approximately 4.4 acres located within a flood zone. The northern portion of the property is bordered by track for Norfolk-Southern, and electric service is available to the site. Public water and sewer are available across W. River Road.
The site is located in Salem, Virginia, less than 2 miles from Interstate 81 at Exit 132 (Dixie Caverns). Connectivity includes convenient access to U.S. Route 460 and the surrounding industrial and employment centers, including the Technology Drive industrial corridor.
The parcel is currently zoned as a combination of I-2 (Heavy Industrial) and R-1. The remarks indicate an expectation that Roanoke County would support rezoning of the entire tract to I-2, subject to standard approvals.
The site is located in Salem, Virginia, less than 2 miles from Interstate 81 at Exit 132 (Dixie Caverns). Connectivity includes convenient access to U.S. Route 460 and the surrounding industrial and employment centers, including the Technology Drive industrial corridor.
The parcel is currently zoned as a combination of I-2 (Heavy Industrial) and R-1. The remarks indicate an expectation that Roanoke County would support rezoning of the entire tract to I-2, subject to standard approvals.
Key Highlights
- Approximately 48‑acre tract at 5647 W. River Road in Salem, VA, less than 2 miles from I‑81 (Exit 132 – Dixie Caverns)
- Zoned a combination of I‑2 (Heavy Industrial) and R‑1, with expectation to rezone the entire tract to I‑2 (subject to approvals)
- Waterfront along the Roanoke River; about 4.4 acres are located within a flood zone
Property Analytics
Location Intelligence
Current Use by Public Records
Dixie Caverns Auto ...
Auto Parts Store
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FAQs
What type of property is this?
Industrial land - Approximately 48-acre waterfront tract with I-2 and R-1 zoning and existing access to electric plus public water and sewer across W. River Road.
Where is this industrial land located?
The property is located at 5647 W River Rd Salem, VA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Approximately 48‑acre tract at 5647 W. River Road in Salem, VA, less than 2 miles from I‑81 (Exit 132 – Dixie Caverns); Zoned a combination of I‑2 (Heavy Industrial) and R‑1, with expectation to rezone the entire tract to I‑2 (subject to approvals); Waterfront along the Roanoke River; about 4.4 acres are located within a flood zone