0 Skycoe Dr Salem, VA 24153
Exceptional opportunity to own over 104 acres of prime wooded mountain property in Salem, Virginia. This stunning property boasts breathtaking panoramic views, spanning 200 degrees east and west from its elevated 600-foot vantage point above the valley floor. The land is conveniently located just one minute from I-81 exit 137, providing easy access to nearby amenities. Restaurants and grocery stores on West Main Street are a mere two minutes away, and downtown Salem is only five minutes' drive. The property features a prepared one-acre building site, a 1,500-foot constructed entrance road, and is divided into 17 separate tax lots, offering flexibility for development. The lower section presents potential for the creation of individual home sites or apartment complexes, as it's already subdivided into lots fronting Goodwin Avenue. Abundant wildlife adds to the natural beauty of this remarkable location. The property is deeded to Randal and Ruth Johnson and is easily located using the coordinates 37° 18.272'N 80° 5.103'W on Google Earth. The asking price is $1,500,000. This is a truly unique opportunity to build your dream home or develop a significant residential project in a highly desirable location. The property is zoned for agricultural use (Ag).
Cap rate
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