Financial
Distress signals
Property profile

2910 Main St Salem, VA 24153

OFF-MARKET
Other commercial real estate
Property ID
US87-1028452
1,128 SF 1.32 ac lot Built 1930
Last sale Dec 2025 · $120,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located on West Main Street in Salem, Virginia, and is zoned HBD for a variety of business uses. It encompasses 1.32 acres and features newly remodeled interior spaces, including updates to the kitchen and bathrooms. A residential structure at the rear of the site is present and can be used as an office or small retail/service shop, such as a salon. The site is positioned in a floodway and flood plain area, which may require flood insurance, and it has convenient access along West Main Street with Northwest Hardware located across the street.

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.

Mortgages

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?
$2k
Tax billed · 2023
Assessed value$153k
Assessed land$133k
Assessed improvement$20k
Effective rate1.20%

Value estimate

· Sep 2026
$135k
$122k – $149k
AI approach$135k

Realmo valuation models over county records and 6 qualifying comparable sales.

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
Qualifying comparables6

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
Restaurant18.3

Location

2910 Main St Salem, VA 24153-2060
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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
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
11 4th, Salem, VA 24153-5038 $445,000 Apr 2025 1,316 SF
816 Main, Salem, VA 24153-4718 $1,500,000 Oct 2024 2,080 SF
200 4th, Salem, VA 24153-5035 $190,000 Jan 2024 2,240 SF
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
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