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    Salem, VA Residential Land & Home Lots for Sale

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    Roanoke, VA Cave Spring, VA Hollins, VA
    Land with Mountain Views
    $85,000
    4.34 Acres

    Land with Mountain Views

    2160 Zana Drive, Salem, VA 24153

    4.336-acre property near Salem with mountain views.

    • Below assessed value at $85,000, offering excellent investment potential.
    • Breathtaking Blue Ridge Mountain views from this 4.336‑acre property.
    • Conveniently located just 1.5 miles from I‑81 (Exit 137) for easy access to Salem and Roanoke.
    • Two separate tax map parcels included.
    • Approximately 230 feet of road frontage.
    Updated: Feb 18
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    Ready-to-Build Vacant Lot
    $180,000
    0.41 Acres

    Ready-to-Build Vacant Lot

    OM Ln lot: 6, Salem, VA 24153

    Vacant lot in River Oaks area, ready for new construction.

    • Ready‑to‑build vacant lot in the desirable River Oaks area.
    • Approximately 0.41 acres (17,424 sq ft) - ideal for a custom home.
    • Utilities are available (Water Source: Public, Sewer: Public Sewer).
    • Located in a residential subdivision setting.
    • Suitable for builders or buyers looking to build a custom home.
    Updated: Feb 3
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Land in Roanoke, VA
    $38,000
    0.69 Acres

    Residential Land in Roanoke, VA

    Residential land available in Roanoke, convenient to local amenities.

    36th St NW, Roanoke, VA 24017
    View details
    Residential Land in Roanoke, VA
    $35,000
    0.50 Acres

    Residential Land in Roanoke, VA

    Residential land available in Roanoke, convenient to local amenities.

    36th St NW, Roanoke, VA 24017
    View details
    Residential Lot in Roanoke, VA
    $38,000
    0.77 Acres

    Residential Lot in Roanoke, VA

    0.77-acre lot in established neighborhood, Glenvar school district.

    Plain View Ave, Roanoke, VA 24019
    View details
    Oversized Duplex Investment Lot
    $34,650
    1.61 Acres

    Oversized Duplex Investment Lot

    Build a duplex or expand your portfolio on a sizable, buildable lot in an RM-2 area.

    Panorama Ave NW, Roanoke, VA 24017
    View details

    Salem, VA Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 2 residential land & home lots for sale in Salem, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $265,000.

    Sale prices for home sites in Salem, VA start at $85,000, averaging $132,500, and reaching up to $180,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 19
    Residential land & home lots 3
    Industrial land 2
    Waterfront Land 1

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 1 to 5 acres range.

    Demographics Overview

    Population 38K
    Population Growth (5Y) +0.3%
    Median Household Income $72,691
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    24153 $132.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $16.64 per sq ft
    Average Loan-to-Value 65.0%

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