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    1501 Roanoke Blvd Salem, VA 24153
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    Property profile & analytics

    1501 Roanoke Blvd Salem, VA 24153


    • Industrial properties
    • 720,088 SF
    • 40.32 lot acres
    Available Warehouse Space for Lease For Lease
    $19,070,000
    414,000 SF

    Available Warehouse Space for Lease

    414,000 SF warehouse space with varied ceiling heights.

    1501 Roanoke Blvd, Salem, VA 24153
    View Listing
    Property ID
    US87-0522542
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ABB, Inc. / Electrical Service / General Contractor
    • GE Drives and Controls / Industrial Manufacturer / Production Facility
    • STS Group North America / Industrial Manufacturer / Production Facility

    Property Details for 1501 Roanoke Blvd

    Year built
    1956
    Lot size
    40.32 lot acres
    Property size
    720,088 SF
    Zone code
    HM
    Property type
    Industrial properties
    APN
    189-2-1
    APU
    18921

    Description

    This exceptional Class A industrial warehouse, located at 1501 Roanoke Blvd in Salem, Virginia (zip code 24153), offers 414,000 square feet of versatile space available for lease. The property sits on a substantial 40.32 acres and features a single, two-story building constructed in 1955. The warehouse boasts impressive ceiling heights ranging from a minimum of 7 feet to a maximum of 50 feet, with a column spacing of 50 feet by 30 feet. Loading capabilities include 3 west docks, 4 shipping docks, and 2 receiving docks. Ample parking is provided with 863 rear spaces and 402 front spaces, totaling 1265 parking spaces. The property includes 2 x 7.5MVA power and is zoned HM. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 414,000 square feet. The property benefits from 22 overhead cranes and 24/7 security. The APN is 189-2-1. This is a multi-tenant property offering a unique opportunity for businesses seeking significant warehouse space in a prime location. The property's size, features, and location make it an ideal choice for a variety of industrial uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $15,085,000
      Market price range: $15.1M - $74.7M

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


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    Virginia
    Longitude
    -80.0315
    Latitude
    37.2808
    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
    $126,016
    $2,195,400
    $8,305,900
    $10,501,300
    -
    $2,195,400
    $8,305,900
    $10,501,300
    View Listing
    More about this property
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