1342 Roanoke Blvd Salem, VA 24153
Property profile & analytics
1342 Roanoke Blvd Salem, VA 24153
- Warehouses
- 66,522 SF
- 4.27 lot acres
Property ID
US87-0484283
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1342 Roanoke Blvd
- Year built
- 1972
- Lot size
- 4.27 lot acres
- Property size
- 66,522 SF
- Zone code
- LM
- Property type
- Warehouses
- APN
- 196-5-3
- APU
- 19653
Description
This exceptional multi-tenant flex building, situated near the intersection of Roanoke Boulevard and Electric Road (Route 419), offers unparalleled access to the Roanoke, New River, and Shenandoah Valleys. Located within three miles of I-81, this property provides convenient transportation links throughout the region. Currently, one of eight suites is available, encompassing a substantial 6,650 square feet. This space boasts a spacious warehouse area complemented by approximately 1000 square feet of well-appointed office space. The office area includes two private offices, a kitchen, restroom facilities, a conference room, and a reception area. The warehouse features impressive 21+ foot ceilings and dock-high loading, a significant advantage for efficient operations. Uniquely, this suite is the only one in the building with a climate-controlled warehouse environment. A sizable truck court conveniently serves the rear of the property, while ample employee parking is available in the front. The larger building itself comprises 66,636 square feet of industrial flex space, is fully sprinklered, and underwent a complete renovation in 2006. Additional building features include 3-phase electric service and limited drive-in access. This is a rare opportunity to secure a well-maintained, strategically located flex space with exceptional amenities.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,565,000
- ML approach
- $4,845,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,758,000
Market price range: $1.51M - $4.45M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,085,000 Current use
- COMMERCIAL (GENERAL)
- $6,385,000 Change: +107% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $3,805,000 Change: +23% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Salem
- State
- Virginia
- Longitude
- -80.0376
- Latitude
- 37.28
- 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
$32,945
$393,200
$2,352,200
$2,745,400
-
$393,200
$2,352,200
$2,745,400
