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    6190 Twine Hollow Rd Salem, VA 24153

    Sponsored
    For Sale
    $850,000

    11.7-Acre I2-C Zoned Distribution Facility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11.7-acre industrial property, located at 6190 Twine Hollow Rd, Salem, VA 24153, presents a rare opportunity for businesses seeking a strategic location in Roanoke County. Zoned I2-C, this site offers significant potential for distribution and related industrial uses. Its prime location near the Dixie Caverns exit of Interstate 81 provides unparalleled access to the major transportation arteries serving the Blacksburg-Christiansburg and Roanoke metropolitan areas, ensuring efficient logistics and distribution capabilities. The property's expansive acreage allows for substantial building development or expansion, catering to a wide range of industrial needs. The asking price for this hard-to-find industrial property is $850,000. This represents a compelling investment opportunity in a high-demand area with strong growth prospects. The property's convenient access to major roadways and its strategic location within a thriving commercial corridor make it an ideal choice for businesses seeking to establish or expand their operations in this dynamic region of Virginia. Serious inquiries are encouraged to explore the full potential of this exceptional industrial property. The property is situated at latitude 37.255777 and longitude -80.192386.

    Property Features for 6190 Twine Hollow Rd

    General Information

    Property type
    Distribution properties

    HighLights

    • Rare I2‑C zoned industrial property.
    • High‑demand location.
    • Excellent access to major transportation arteries.
    • Ample parking.
    • Suitable for a variety of industrial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Clothing Store Pawn Shop Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Roanoke
    State
    Virginia
    Longitude
    -80.192386
    Latitude
    37.255777

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    FAQs

    What type of property is this?
    Distribution property - 11.7-Acre I2-C Zoned Distribution Facility
    Where is this distribution property located?
    The property is located at 6190 Twine Hollow Rd Salem, VA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Rare I2-C zoned industrial property.; High-demand location.; Excellent access to major transportation arteries.
    Request Owner's contact information
    6190 Twine Hollow Rd Salem, VA 24153
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6190 Twine Hollow Rd Salem, VA 24153
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