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Property summary
This exceptional 9,000-square-foot mixed-use property in Salem, Virginia, presents a unique investment opportunity. Located on Roanoke Boulevard (US Route 460), this single-story building boasts a prime location with approximately 16,000 vehicles passing daily. Built in 1991, the property sits on a 1.37-acre lot and includes 42 parking spaces. Currently vacant, the building offers three independent, approximately 3,000-square-foot units, each with its own entrance, previously used as a… restaurant, storefront, and traditional office. The zoning is HBD (Highway Business District). The asking price of $695,000 includes restaurant equipment, but excludes lounge furniture and lodge furnishings. The property benefits from a sprinkler system and is situated directly across from the Salem Veteran Affairs Medical Center and Virginia Veterans Care Center, providing high visibility and potential for a diverse range of businesses. This is a rare chance to acquire a substantial, well-located mixed-use building in a thriving area. The property is owned by the Disabled American Veterans, Department of Virginia, Inc. and is being offered for sale for the first time.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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