2587 State St Salem, OH 44460
Two commercial lots are available for sale in Salem, Ohio, offering excellent development potential. One lot, situated along East State Street, encompasses approximately 1.24 acres of land. A second lot, located on Cunningham Road, comprises roughly 0.98 acres. Both properties are zoned for commercial use, providing flexibility for a variety of business ventures. The lots present a unique opportunity for investors seeking a strategic location within a thriving community. Salem, Ohio boasts a rich history, well-preserved architecture, and access to excellent schools, healthcare, and recreational amenities. The city's commitment to progress and support for new investments make this an attractive location for businesses seeking growth and success. The seller may consider financing options, making this an even more accessible opportunity. These properties are ideally suited for businesses seeking high visibility and convenient access to major roadways. Contact us today to learn more about this exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.