Industrial Property with Office
For Sale
Contact for pricing
Pending
971 Russell Drive, Salem, VA 24153
Industrial building includes office space plus combined office-and-warehouse/manufacturing space on a B-3 zoned site.
Property SizeContact for details
Days on Market147
Property Features for 971 Russell Drive
General Information
Standard status
Pending
Property subtype
Industrial
Listing Agency:
Poe & Cronk Real Estate
Listed By:
Thom Hubard · License #VA 0225020834
(540) 353-3646
Source:
Crexi
Added: Apr 12
Changed: Aug 21
Last Checked: Sep 3 at 10:15AM
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 Poe & Cronk Real Estate
Investment Insights
Based on property information with market context.
This for-sale industrial property at 971 Russell Drive features a main building divided into three distinct areas. The first portion is dedicated to office use for Carter Machinery, while the area behind the two-story office section supports offices along with warehouse/manufacturing space for Qcs Acquisition Corporation.
The site totals 8.256 acres and provides 677 feet of frontage on Russell Drive. The property is described as being in close proximity to Exit 141 on Interstate 81, and the front 4.0 acres are filled to create a level building site. The rear portion includes a detention pond area of 0.983 acre, with an additional 3.273 acres identified for future expansion that would require filling prior to development.
All public utilities are available, and the remarks state there are no signs of adverse drainage. The property is currently zoned B-3, Business-commerce District, and is located in an area devoted to such use.
The site totals 8.256 acres and provides 677 feet of frontage on Russell Drive. The property is described as being in close proximity to Exit 141 on Interstate 81, and the front 4.0 acres are filled to create a level building site. The rear portion includes a detention pond area of 0.983 acre, with an additional 3.273 acres identified for future expansion that would require filling prior to development.
All public utilities are available, and the remarks state there are no signs of adverse drainage. The property is currently zoned B-3, Business-commerce District, and is located in an area devoted to such use.
Key Highlights
- 8.256‑acre site with 677' frontage on Russell Drive in Salem, VA, near Exit 141 on I‑81
- Main building split into three areas: offices for Carter Machinery and offices plus warehouse/manufacturing for QCS Acquisition Corporation
- Includes 2‑story office area plus combined office‑and‑warehouse/manufacturing space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 24153, VA
38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building includes office space plus combined office-and-warehouse/manufacturing space on a B-3 zoned site.
Where is this manufacturing property located?
The property is located at 971 Russell Drive Salem, VA.
What are key features of this property?
This property features: 8.256‑acre site with 677' frontage on Russell Drive in Salem, VA, near Exit 141 on I‑81; Main building split into three areas: offices for Carter Machinery and offices plus warehouse/manufacturing for QCS Acquisition Corporation; Includes 2‑story office area plus combined office‑and‑warehouse/manufacturing space
