2005 E Main St Salem, VA 24153
Property profile & analytics
2005 E Main St Salem, VA 24153
- Commercial land
- 0.56 lot acres
Property ID
US87-1783052
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
- Commercial land
Property Details for 2005 E Main St
- Lot size
- 0.56 lot acres
- Zone code
- RSF
- Property type
- Commercial land
- APN
- 78-2-2.11
- APU
- 782211
Description
This exceptional 0.56-acre commercial land parcel presents a remarkable investment opportunity in Salem, Virginia. Strategically located at 2005 E Main St, this property boasts a prime location with high visibility and accessibility. Recently rezoned for High-Density Business (HBD) uses, the possibilities are vast, making it ideal for a diverse range of commercial developments, including retail, restaurant, or office spaces. The property's significant advantage lies in its proximity to major transportation arteries, with an annual average daily traffic count of approximately 14,000 vehicles passing by. Furthermore, its convenient location is approximately 2 miles from Interstate 81, ensuring excellent connectivity and accessibility for potential businesses and customers. The property's APN is 78-2-2.11. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving area, poised for significant growth and development. The asking price for this exceptional property is $179,950. Don't miss this chance to secure a piece of Salem's vibrant commercial landscape.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Salem
- State
- Virginia
- Longitude
- -80.0211
- Latitude
- 37.2996
- 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
$1,201
$100,100
$0.00
$100,100
-
$100,100
$0.00
$100,100
