Property profile

2000 Salem Industrial Dr Salem, VA 24153

OFF-MARKET
Industrial properties
Property ID
US87-1359578
30,787 SF 3.65 ac lot Built 1973
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1973
Total area 30,787 SF
Lot 3.65 ac (159,038 SF)
Zoning code HM
APN 177-2-4
UPID US87-1359578

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Metal Fabrication Plant
  • Construction Company General Contractor

Location

2000 Salem Industrial Dr Salem, VA 24153-3142
Salem metro Census 10300 ROANOKE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$710k

Owner & transaction history

since 2012
1 recorded transaction
2012
Price N/A

Zoning & alternative use

HM · Salem, VA
Zoning description

The HM Heavy Manufacturing District is created to establish and preserve areas within the city that are suitable for business and more intensive industrial uses. The district allows a wide variety of intensive industrial…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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