Financial
Distress signals
Property profile

2050 Salem Industrial Dr Salem, VA 24153

OFF-MARKET
Commercial land
Property ID
US87-0475679
0.61 ac lot
Last sale May 2024 · $30,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. 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 · 2024

What does the county charge?
$281
Tax billed · 2024
Assessed value$47k
Assessed land$47k
Effective rate0.60%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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

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?
HM
The HM Heavy Manufacturing District is created to establish and preserve areas within the city that are suitable for business and more in...
General categoryINDUSTRIAL
JurisdictionSALEM CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency25.4
Law Firm18.7
Hair Salon14.5

Location

2050 Salem Industrial Dr Salem, VA 24153-3142
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Burwell, Salem, VA 24153-3631 $162,000 Jun 2025 No data
1951 Main, Salem, VA 24153-3109 $2,000,000 Apr 2025 No data
1108 Delaware, Salem, VA 24153-6340 $15,000 Nov 2024 No data
1601 Millbrook, Salem, VA 24153 $300,000 Sep 2024 No data
1312 Lynchburg, Salem, VA 24153 $265,000 Aug 2024 No data
1631 Lynchburg, Salem, VA 24153-5409 $137,000 Apr 2024 No data
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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