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Property profile & analytics
OFF-MARKET
Land

0 Skycoe Dr Salem, VA 24153

104.7 ac lot
Property ID
Property summary
AI-generated overview

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).

Property profile
Verified
Property type Land
Lot 104.7 ac (4,560,732 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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