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Financial
Distress signals
Property profile

710 8th St Salem, VA 24153

OFF-MARKET
Commercial land
Property ID
US87-0505285
110,690 SF 9.41 ac lot Built 1933
Last sale Dec 2022 · $2,445,580
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Valleydale Building is a historic manufacturing property located at 710 8th St in Salem, Virginia. The campus covers approximately 12 acres and includes more than 150,000 SF of gross building area plus additional vacant land parcels. Historically, the property functioned as a pork-processing and meatpacking facility and operated from 1936 through 2006 before being acquired by Smithfield Foods. The facility is independently listed on the National Register of Historic Places, and its historic…

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?
$12k
Tax billed · 2023
Assessed value$963k
Assessed land$963k
Effective rate1.20%

Value estimate

· Oct 2026
$4.86M
$4.37M – $5.34M
Submarket $/SF estimate$5.37M

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?
HM
The HM Heavy Manufacturing District is created to establish and preserve areas within the city that are suitable for business and more in...
General categoryINDUSTRIAL
JurisdictionSALEM CITY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.5
Pharmacy10.3
Pawn Shop10.0

Location

710 8th St Salem, VA 24153-6313
County assessor Recorded deeds · 7 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Burwell, Salem, VA 24153-3631 $162,000 Jun 2025 No data
1951 Main, Salem, VA 24153-3109 $2,000,000 Apr 2025 No data
1108 Delaware, Salem, VA 24153-6340 $15,000 Nov 2024 No data
312 Main, Salem, VA 24153 $625,000 Oct 2023 26 SF
2730 Main, Salem, VA 24153-2056 $245,000 Oct 2023 3,360 SF
707 Kessler Ml, Salem, VA 24153 $285,000 Jan 2023 2,852 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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