Property profile

1013 Main St Salem, VA 24153

OFF-MARKET
Commercial real estate
Property ID
US87-1266961
6,686 SF 0.49 ac lot Built 1965
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 6,686 SF
Lot 0.49 ac (21,214 SF)
Zoning code HBD
APN 83-2-11
UPID US87-1266961

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service Nursing Agency

Location

1013 Main St Salem, VA 24153-4419
Salem metro Census 10100 ROANOKE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
$501k
Blend (final) Blend
$715k

Owner & transaction history

since 2025
Last sale
$550,000
2 recorded transactions
2025
$550,000
2014
$250,000

Zoning & alternative use

HBD · Salem, VA
Zoning description

The HBD Highway Business District has been created to provide and allow a wide variety of commercial and service uses that are typically found along or near major transportation arterials

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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