991 RUSSELL DR, Salem, VA 24153

Listing Agency: Marcus & Millichap - Charlotte Uptown

Listed By: Chase Dewese · License VA #293623

Source: Crexi

Added: Nov 3 Changed: Nov 9 Last Checked: Nov 10 at 5:13AM

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Investment Insights

Based on property information with market context.

The offering is a Holiday Inn Express & Suites hotel at 991 Russell Drive in Salem, Virginia. It is identified as a hotel property and is being marketed for sale.

Key Highlights

• Holiday Inn Express & Suites hotel at 991 Russell Dr, Salem, VA

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Holiday Inn Express ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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Frequently Asked Questions

What type of property is this?

Hotel - The branded hotel property is offered for sale in Salem, Virginia.

Where is this hotel located?

The property is located at 991 RUSSELL DR Salem, VA.

What is the asking price?

The asking price for this property is $8,250,000.

What are key features of this property?

This property features: Holiday Inn Express & Suites hotel at 991 Russell Dr, Salem, VA