Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    State St Butcher Rd And E Pershing St Salem, OH 44460

    For Sale
    $1,200,000

    Prime 77-acre commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 77.45-acre commercial land parcel presents a significant development opportunity in Salem, Ohio. Strategically located on State Route 14 within a thriving retail corridor, this property boasts unparalleled visibility and accessibility. Its proximity to the Salem Community Hospital (less than one mile) further enhances its desirability. The property is zoned for commercial use and offers the flexibility of sub-division, allowing for tailored development plans to suit various needs. The area is already home to a robust mix of established businesses, including Super Walmart, Giant Eagle, Marc's, Aldi, Home Depot, Dunkin' Donuts, Tim Hortons, and Bob Evans, creating a strong foundation for future growth and attracting a substantial customer base. Situated in Columbiana County, bordering Mahoning County, this location provides convenient access to major transportation routes and a large regional population. This expansive tract represents a rare chance to acquire a premier commercial property in a high-demand area, poised for significant return on investment. The asking price is $1,200,000.

    Property Features for 0 State St Butcher Rd And E Pershing St

    General Information

    Property type
    Land
    Lot Size
    3,373,722 SF

    HighLights

    • 77.45 acres of commercial land in Columbiana County, Ohio, bordering Mahoning County.
    • Located on State Route 14 in a major retail corridor.
    • Less than one mile from Salem Community Hospital.
    • Subdividable sites.
    • Commercially zoned.
    • Strong surrounding retail including Super Walmart, Giant Eagle, Marc's, Aldi, Home Depot, Dunkin' Donuts, and Tim Hortons.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.8223149
    Latitude
    40.8991615

    Nearby Similar for Sale

    • New
      $132,900
      1,468 SF

      Charming Duplex with Conversion Potential

      Versatile duplex in Salem, Ohio, with conversion options.
      559 E Perry St, Salem, OH 44460
      View Details
    • $94,900
      1,222 SF

      Salem Duplex: Investment Opportunity

      Fully occupied duplex in Salem, OH with long-term tenants.
      676 E 3Rd St, Salem, OH 44460
      View Details
    • $126,000
      0.19 Acres

      Salem Duplex: Investment Opportunity

      Duplex in Salem, Ohio with consistent rental income.
      152 W 5Th St, Salem, OH 44460
      View Details
    • $99,900

      Updated Condo in Windsor Square

      Move-in ready condo with updated features and courtyard view.
      530 Hawley Ave, Salem, OH 44460
      View Details
    • $310,000
      4,732 SF

      Mixed-Use Building in Downtown Salem

      Mixed-use brick building with retail and residential units in Salem.
      127 Penn Ave, Salem, OH 44460
      View Details
    • $575,000
      13,000 SF

      Salem Industrial Site For Sale

      25+ acre industrial site with warehouse and house.
      12550 Youngstown Salem Rd, Salem, OH 44460
      View Details

    FAQs

    What type of property is this?
    Land - Prime 77-acre commercial land, ideal for development.
    Where is this land located?
    The property is located at State St Butcher Rd And E Pershing St Salem, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 77.45 acres of commercial land in Columbiana County, Ohio, bordering Mahoning County.; Located on State Route 14 in a major retail corridor.; Less than one mile from Salem Community Hospital.
    (330) 757-4889
    Request Owner's contact information
    State St Butcher Rd And E Pershing St Salem, OH 44460
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    State St Butcher Rd And E Pershing St
    Salem, OH 44460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    State St Butcher Rd And E Pershing St Salem, OH 44460
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.