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    OFF-MARKET
    Retail properties & Spaces

    36-50 Wildwood Rd, Salem, VA 24153

    39,580 SF Built 1985
    Property ID
    Property summary
    AI-generated overview

    Wildwood Plaza offers 39,580 square feet of retail space in Salem County, situated on a highly visible corner at the intersection of Wildwood Road and West Main Street, directly off I-81. This single-story, 1985-built center boasts excellent visibility with an estimated 19,000 cars passing daily. Currently, there are two vacant retail spaces totaling 2,040 square feet available, with one space measuring 1,200 square feet. The property features ample parking with 190 spaces, making it convenient for customers and employees. The center is strategically located near several national retail tenants, including Dollar General, Arby's, Dairy Queen, and Hardee's, creating a synergistic retail environment. The property is ideal for multiple tenants and offers a strong opportunity for businesses seeking high visibility and convenient access to a substantial customer base. No elevators are present in this single-story building. This is a prime location for businesses looking to establish or expand their presence in a thriving retail area. The property is available for lease.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1985
    Total area 39,580 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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