Property profile

219 4th St Salem, VA 24153

OFF-MARKET
Commercial real estate
Property ID
US87-0696274
6,167 SF 0.48 ac lot Built 1983
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 6,167 SF
Lot 0.48 ac (20,996 SF)
Zoning code HBD
APN 161-2-9
UPID US87-0696274

Cap rate & NOI

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

Location

219 4th St Salem, VA 24153
Salem metro Census 10300 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

Zoning & alternative use

HBD · Salem, VA
Zoning description

The HBD Highway Business District has been created to provide and allow a wide variety of commercial and service uses that are typically found along or near major transportation arterials

General category COMMERCIAL

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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