Medical Premises

Salem, VA Medical Office Space Market Trends and Statistics

Explore 3 medical office space for sale in Salem, VA on our real estate platform.

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 14
Office buildings 11
Medical Office Space 7
Creative space 1

Demographics Overview

Population 38K
Population Growth (5Y) +0.3%
Median Household Income $72,691
College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24153 $810K

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $16.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salem city

New Delisted

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