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    152 Continental Dr Salem, OH 44460
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    Property profile & analytics

    152 Continental Dr Salem, OH 44460


    • Automotive properties
    • 30,200 SF
    • 5.16 lot acres
    Former Dealership on 5 Acres For Sale
    $2,345,000
    30,200 SF

    Former Dealership on 5 Acres

    30,200 SF showroom and service garages on 5+ acres.

    152 Continental Dr, Salem, OH
    View Listing
    Property ID
    US66-2053323
    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

    • Donnell Ford Lincoln of Salem Parts / Auto Parts Store
    • Donnell Ford Lincoln of Salem Service / Auto Repair Shop
    • Donnell Ford Lincoln of Salem Lincoln Parts / Auto Parts Store
    • Donnell Ford Lincoln of Salem Lincoln Service / Auto Repair Shop

    Property Details for 152 Continental Dr

    Year built
    1973
    Lot size
    5.16 lot acres
    Property size
    30,200 SF
    Property type
    Automotive properties
    APN
    51-08057-000
    APU
    5108057000

    Description

    This exceptional commercial property presents a unique investment opportunity. Located at 152 Continental Drive in Salem, Ohio, this former Ford dealership boasts a substantial 30,200 square feet of space, encompassing a showroom and service garages. Situated on a generous 5-acre lot, the property offers ample room for expansion or future development. The asking price is $2,345,000, translating to $77.65 per square foot. The property is currently vacant and zoned for commercial use, providing flexibility for a variety of automotive-related or other suitable businesses. Its strategic location offers high visibility and accessibility, with excellent signage opportunities on State Street. The property enjoys proximity to Salem Hospital and a cluster of major retailers, including Home Depot, Walmart, Starbucks, Chipotle, Marc's, and Giant Eagle, ensuring high traffic flow and a strong customer base. This presents a rare chance to acquire a well-positioned, sizable commercial property in a thriving Ohio community. The property is ready for immediate occupancy. All utilities are available. The 44460 zip code offers easy access to major transportation routes. This is an ideal location for a new or expanding business seeking a high-traffic, well-established area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,750,000
      ML approach
      $1,980,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,735,000
      RESTAURANT
      $2,665,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.8251
    Latitude
    40.9021
    CBSA code
    41400
    CBSA name
    SALEM, OH MICROPOLITAN 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
    $22,413
    $63,350
    $403,550
    $466,900
    -
    $181,000
    $1,153,000
    $1,334,000
    View Listing
    More about this property
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