1935 Electric Rd Salem, VA 24153
Property profile & analytics
1935 Electric Rd, Salem, VA 24153
- Super regional malls
- 65,275 SF
- 5.70 lot acres
Property ID
US87-0528804
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
- Super regional malls
Property Details for 1935 Electric Rd
- Year built
- 1985
- Lot size
- 5.70 lot acres
- Zone code
- HBD
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 284-1-2.2
- APU
- 284122
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 19, 2021 | $8,500,000 | Mo Salem LLC | Wood Salem Center LLC | Special Warranty Deed | $6M · Wells Fargo Bank NA |
| Sep 22, 2015 | $735,000 | Wood Salem Center LLC | Ridgewood Improvements LLC | Special Warranty Deed | $24.3M · Pnc Bank NA |
| Dec 27, 2007 | $7,325,000 | Ridgewood Improvements LLC | Owner Name Unavailable | Grant Deed · related | — |
| Feb 4, 2004 | — | Edens & Avant Financing | Edens & Avant Financing | Quit Claim Deed · related | — |
| — | — | Wood Salem Center LLC | — | Loan Modification · related | $4.8M · Pnc Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,970,000
- ML approach
- $9,630,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $6,265,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Salem
- State
- Virginia
- Longitude
- -80.0346
- Latitude
- 37.2644
- 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
$75,001
$1,770,400
$4,479,700
$6,250,100
-
$1,770,400
$4,479,700
$6,250,100