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Property profile & analytics
OFF-MARKET
Land

0 Pershing St Salem, OH 44460

2.02 ac lot
Property ID
Property summary
AI-generated overview

Two exceptional commercial land parcels are available for sale, ground lease, or build-to-suit in Salem, Ohio. These outparcels, totaling 2.015 and 2.311 acres respectively, are situated at a signalized intersection offering excellent pylon signage opportunities. The location boasts high visibility and traffic counts due to its proximity to a fully leased shopping center anchored by a Giant Eagle Supermarket. Co-tenants in this thriving center include Shoe Sensation, GetGo, Great Clips, Action Physical Therapy, Cricket Wireless, Mariner's Finance, and East of Chicago Pizza. This strategic location also benefits from its close proximity to Salem Regional Medical Center and other major retailers such as Walmart Supercenter, The Home Depot, ALDI, Marc's Stores, True Value, and Tractor Supply. The property's APN is 51-00121.010 & 51-00121.000. This presents a unique opportunity for developers and investors seeking high-traffic commercial land in a strong retail corridor. A third parcel of approximately 2.67 acres is also available, but not for sale. The address is E Pershing St, Salem, OH 44460.

Property profile
Verified
Property type Land
Lot 2.02 ac (87,991 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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