Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2821 West Main St Salem, VA 24153

FOR SALE
Commercial real estate
Property ID
US87-0556293
0.97 ac lot Built 2011
Last sale Jan 2011 · $213,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 4,950 square foot storefront, built in 2011, is situated on a 0.97-acre lot in Salem, Virginia (APN: 174-1-6.2). The single-story building features a Hardie board and brick exterior, architectural shingle roof, and a slab foundation. Ample parking is available, including a blacktop driveway with 24+ spaces and additional space behind the building. The interior boasts 10-foot ceilings in the retail area and 9-foot ceilings in the warehouse, along with attractive features such…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$553k
Assessed land$263k
Assessed improvement$289k
Effective rate1.20%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$125/SF
ZIP average, outlier-cleaned · 119 recorded sales of this use type
Observed band · Q1–Q3$75 – $189

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HBD
The HBD Highway Business District has been created to provide and allow a wide variety of commercial and service uses that are typically ...
General categoryCOMMERCIAL
JurisdictionSALEM CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency24.8
Law Firm18.7
Restaurant17.6

Location

2821 West Main St Salem, VA 24153
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Wildwood, Salem, VA 24153-2326 $1,200,000 Feb 2026 2,567 SF
2910 Main, Salem, VA 24153-2060 $120,000 Dec 2025 1,128 SF
1968 Main, Salem, VA 24153-3110 $1,470,000 Jul 2025 1,037 SF
230 Main, Salem, VA 24153-3614 $162,000 Jun 2025 2,308 SF
1611 Main, Salem, VA 24153-4526 $1,350,000 May 2025 9,664 SF
306 Spg, Salem, VA 24153-3502 $800,000 May 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again