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    358 Apperson Dr Salem, VA 24153

    Sponsored
    For Lease
    $126 SF/Yr

    7,500 SF Office/Warehouse - Ready Now!

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 7,500 square foot commercial property, located at 358 Apperson Drive, presents a unique opportunity for a single tenant. Situated on a high-traffic corner lot, this space enjoys excellent visibility and accessibility. Its strategic location is approximately a quarter-mile from the intersection of Apperson Drive and Highway 419, ensuring convenient access for employees and clients. The building offers a versatile layout, combining 2,400 square feet of modern office space with a substantial 5,100 square feet of warehouse area. This blend of office and warehouse space makes it ideal for a variety of businesses requiring both administrative and storage capabilities. The property features both a drive-in door and a dock door, providing efficient loading and unloading options for goods and materials. The space is currently vacant and ready for immediate occupancy, allowing for a swift and seamless transition for your business. Don't miss this chance to secure a prime location with ample space and convenient features. This is a single-tenant property, offering complete control and flexibility.

    Property Features for 358 Apperson Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF

    Unit(s) available at that property

    Space
    Size
    7,500 SF
    Rate per SF
    $126

    HighLights

    • 7,500 SF single‑tenant office building.
    • Located on high‑traffic Apperson Drive, near the intersection of Apperson Drive and Highway 419.
    • Features 2,400 SF of office space and 5,100 SF of warehouse space.
    • Includes both drive‑in and dock‑high loading capabilities.
    • Immediately available for occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Better Bathrooms & Kitchens Home Goods Store Better Home Improvements Bathroom Remodeler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Roanoke
    State
    Virginia
    Longitude
    -80.0504644
    Latitude
    37.2728355

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    FAQs

    What type of property is this?
    Office Property / Space - 7,500 SF Office/Warehouse - Ready Now!
    Where is this office property / space located?
    The property is located at 358 Apperson Dr Salem, VA.
    What is the lease rate?
    The lease rate is $126 SF/Yr.
    What are key features of this property?
    This property features: 7,500 SF single-tenant office building.; Located on high-traffic Apperson Drive, near the intersection of Apperson Drive and Highway 419.; Features 2,400 SF of office space and 5,100 SF of warehouse space.
    Request Owner's contact information
    358 Apperson Dr 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
    358 Apperson Dr Salem, VA 24153
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