Property profile

4116 Main St Salem, VA 24153

OFF-MARKET
Commercial real estate
Property ID
US87-0159674
2,808 SF 1.29 ac lot Built 1948
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Total area 2,808 SF
Lot 1.29 ac (56,192 SF)
Zoning code I2C
APN 055.03-03-31
UPID US87-0159674

Cap rate & NOI

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

Location

4116 Main St Salem, VA 24153-8506
Salem metro Census 30300 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
$500,000
2008
$256,705
1969
Price N/A

Zoning & alternative use

I2C · Salem, VA

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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