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Property profile & analytics
OFF-MARKET
Land

0 State St Butcher Rd And E Pershing St Salem, OH 44460

77.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 77.45-acre commercial land parcel presents a significant development opportunity in Salem, Ohio. Strategically located on State Route 14 within a thriving retail corridor, this property boasts unparalleled visibility and accessibility. Its proximity to the Salem Community Hospital (less than one mile) further enhances its desirability. The property is zoned for commercial use and offers the flexibility of sub-division, allowing for tailored development plans to suit various needs. The area is already home to a robust mix of established businesses, including Super Walmart, Giant Eagle, Marc's, Aldi, Home Depot, Dunkin' Donuts, Tim Hortons, and Bob Evans, creating a strong foundation for future growth and attracting a substantial customer base. Situated in Columbiana County, bordering Mahoning County, this location provides convenient access to major transportation routes and a large regional population. This expansive tract represents a rare chance to acquire a premier commercial property in a high-demand area, poised for significant return on investment. The asking price is $1,200,000.

Property profile
Verified
Property type Land
Lot 77.45 ac (3,373,722 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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