5832 River Rd Salem, VA 24153
- Commercial real estate
- 30.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5832 River Rd
- Lot size
- 30.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 30.5-acre industrial land parcel in Salem, Virginia, presents a rare opportunity for significant development. Located in Roanoke County, the property boasts I-2 (High-Intensity Industrial) zoning, providing flexibility for a wide range of industrial uses. Its strategic location offers easy access to US Route 11 and Interstate 81 (Exit 132, just 0.8 miles away), ensuring seamless transportation and logistics. The site features approximately 1,600 feet of frontage along two active Norfolk Southern rail lines, providing direct rail access for efficient freight transport. The relatively flat topography simplifies construction, and the property's proximity to established businesses like Adams Construction and an American Electric Power substation ensures readily available utilities and infrastructure. Preliminary engineering assessments and cost estimates are available upon request. With at least 20 acres suitable for development, this site is capable of accommodating a substantial building (300,000 square feet or more) plus additional structures. The undeveloped nature of the land minimizes potential environmental concerns, and the County is expected to be highly supportive of development proposals. This is one of the last large industrial development sites available in Roanoke County, making it an exceptional investment opportunity. The property is priced at $1,150,000. The zip code is 24153, and the address is 5832 W River Rd.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Roanoke
- State
- Virginia
- Longitude
- -80.173962090059
- Latitude
- 37.245693945631
