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Property profile & analytics

1501 Roanoke Blvd Salem, VA 24153

  • Industrial properties
  • 720,088 SF
  • 40.32 lot acres
Value Estimation
Last Sale
Aug 25, 2023
Location Intelligence
Property ID
US87-0522542
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • ABB, Inc. / Electrician
  • GE Drives and Controls / Manufacturer
  • STS Group North America / Manufacturer

Property Details for 1501 Roanoke Blvd

Year built
1956
Lot size
40.32 lot acres
Property size
720,088 SF
Zone code
HM
Property type
Industrial properties
APN
189-2-1
APU
18921

Description

This exceptional Class A industrial warehouse, located at 1501 Roanoke Blvd in Salem, Virginia (zip code 24153), offers 414,000 square feet of versatile space available for lease. The property sits on a substantial 40.32 acres and features a single, two-story building constructed in 1955. The warehouse boasts impressive ceiling heights ranging from a minimum of 7 feet to a maximum of 50 feet, with a column spacing of 50 feet by 30 feet. Loading capabilities include 3 west docks, 4 shipping docks, and 2 receiving docks. Ample parking is provided with 863 rear spaces and 402 front spaces, totaling 1265 parking spaces. The property includes 2 x 7.5MVA power and is zoned HM. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 414,000 square feet. The property benefits from 22 overhead cranes and 24/7 security. The APN is 189-2-1. This is a multi-tenant property offering a unique opportunity for businesses seeking significant warehouse space in a prime location. The property's size, features, and location make it an ideal choice for a variety of industrial uses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Salem
County
Salem
State
Virginia
Longitude
-80.0315
Latitude
37.2808
CBSA code
40220
CBSA name
ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$126,016
$2,195,400
$8,305,900
$10,501,300
-
$2,195,400
$8,305,900
$10,501,300
More about this property
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