Financial
Distress signals
Property profile

1006 10th St Salem, VA 24153

OFF-MARKET
Commercial real estate
Property ID
US87-0490577
9,915 SF 0.52 ac lot Built 1973
Last sale Apr 2024 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$381k
Assessed land$84k
Assessed improvement$296k
Effective rate1.20%

Value estimate

· Sep 2026
$600k
$540k – $660k
AI approach$600k
Submarket $/SF estimate$744k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$125/SF
ZIP average, outlier-cleaned · 119 recorded sales of this use type
Observed band · Q1–Q3$75 – $189
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LM
The LM Light Manufacturing District is created to establish and preserve areas within the city that are suitable for business and light i...
General categoryINDUSTRIAL
JurisdictionSALEM CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand index
Smoke and Vape Shop9.4
Grocery Store9.2
Pharmacy9.1

Location

1006 10th St Salem, VA 24153-6302
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1611 Main, Salem, VA 24153-4526 $1,350,000 May 2025 9,664 SF
304 Spg, Salem, VA 24153 $800,000 May 2025 8,240 SF
106 Butt Holw, Salem, VA 24153-2042 $90,000 Aug 2024 6,000 SF
2031 Salem Industrial, Salem, VA 24153-3143 $370,000 May 2024 5,175 SF
1104 Delaware, Salem, VA 24153-6340 $485,000 Mar 2024 9,661 SF
1201 Electric, Salem, VA 24153-6433 $1,700,000 Jan 2024 5,568 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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