Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

1342 Roanoke Blvd Salem, VA 24153

  • Warehouses
  • 66,522 SF
  • 4.27 lot acres
OFF-MARKET
Last Sale
Apr 16, 2021
$3,600,000
Value Estimations
$4,495,000
Show details
Cap Rate Potential
Location Intelligence
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.

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

Get a detailed, property-specific valuation — 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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message