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    Pershing St Salem, OH 44460

    For Sale
    Contact for pricing

    Prime Commercial Land Near Giant Eagle

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Two exceptional commercial land parcels are available for sale, ground lease, or build-to-suit in Salem, Ohio. These outparcels, totaling 2.015 and 2.311 acres respectively, are situated at a signalized intersection offering excellent pylon signage opportunities. The location boasts high visibility and traffic counts due to its proximity to a fully leased shopping center anchored by a Giant Eagle Supermarket. Co-tenants in this thriving center include Shoe Sensation, GetGo, Great Clips, Action Physical Therapy, Cricket Wireless, Mariner's Finance, and East of Chicago Pizza. This strategic location also benefits from its close proximity to Salem Regional Medical Center and other major retailers such as Walmart Supercenter, The Home Depot, ALDI, Marc's Stores, True Value, and Tractor Supply. The property's APN is 51-00121.010 & 51-00121.000. This presents a unique opportunity for developers and investors seeking high-traffic commercial land in a strong retail corridor. A third parcel of approximately 2.67 acres is also available, but not for sale. The address is E Pershing St, Salem, OH 44460.

    Property Features for 0 Pershing St

    General Information

    Property type
    Land
    Lot Size
    87,991 SF

    HighLights

    • 2.02 to 2.31 acres of commercial land available for sale, ground lease, or build‑to‑suit in Salem, Ohio.
    • Located at a signalized intersection with excellent pylon signage opportunities.
    • Adjacent to a fully leased shopping center anchored by Giant Eagle, with additional tenants including Shoe Sensation, GetGo, and others.
    • Situated near Salem Regional Medical Center and major retailers like Walmart, Home Depot, and Aldi.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.828896936462
    Latitude
    40.89898252869

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land Near Giant Eagle
    Where is this land located?
    The property is located at Pershing St Salem, OH.
    What are key features of this property?
    This property features: 2.02 to 2.31 acres of commercial land available for sale, ground lease, or build-to-suit in Salem, Ohio.; Located at a signalized intersection with excellent pylon signage opportunities.; Adjacent to a fully leased shopping center anchored by Giant Eagle, with additional tenants including Shoe Sensation, GetGo, and others.
    (216) 545-1004
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    Pershing St Salem, OH 44460
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    Salem, OH 44460
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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
    Pershing St Salem, OH 44460
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