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    1435 Main St Salem, VA 24153-3120
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    Property profile & analytics

    1435 Main St, Salem, VA 24153-3120

    View on Map

    • Super regional malls
    • 170,153 SF
    • 13.22 lot acres
    Off-Market
    Last Sale Jan 26, 2022
    $16,500,000
    Property ID
    US87-1190842
    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.

    Value Estimations
    $16,665,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super regional malls

    Property Details for 1435 Main St

    Year built
    1974
    Lot size
    13.22 lot acres
    Zone code
    HBD
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    126-3-14
    APU
    126314

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 11, 2022 — Egap Salem I LLC — Deed · related $12.3M · Traditional Bank INC
    Jan 26, 2022 $2,554,136 Kroger Limited Partnership I Egap Salem I LLC Lease —
    Jan 26, 2022 $16,500,000 Egap Salem I LLC Spartan Square Limited Partnership Deed $65M · The Huntington National Bank
    Jan 26, 2022 — Kroger Limited Partnership Egap Salem I LLC Ground Lease · related —
    Dec 20, 2021 — Virginia Alcoholic Beverage Control Spartan Square Limited Partnership Lease —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $16,990,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $16,335,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    Virginia
    Longitude
    -80.0823
    Latitude
    37.2904
    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
    $154,374
    $4,645,000
    $8,219,500
    $12,864,500
    -
    $4,645,000
    $8,219,500
    $12,864,500
    More about this property
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