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    Salem, VA
    Specialty

    Salem, VA Specialty Properties for Sale

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    Roanoke, VA Cave Spring, VA Hollins, VA Boones Mill, VA Vinton, VA Troutville, VA Bent Mountain, VA Cloverdale, VA
    Stand-Alone Retail Building with Kitchen
    Updated: Jul 26
    Stand-Alone Retail Building with Kitchen

    201 Electric Rd, Salem, VA 24153

    $1,595,000
    7,980 sqft 1.26 AC lot
    7,980 sq. ft. stand‑alone retail building on a 1.26‑acre parcel
    Fully equipped kitchen in the building
    Signalized corner location with frontage on busy Electric Rd, at the corner of Springfield Rd and Electric Rd
    Parking lot provides space for 100 vehicles
    Available for lease at $15.95 psf NNN or for sale at a negotiable price
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    Fully Net Leased Office Building
    Updated: Jun 2
    Fully Net Leased Office Building

    1630 Braeburn Dr, Salem, VA 24153

    $1,150,000
    7,400 sqft 0.43 AC lot
    ±7,400 SF single‑tenant office building on 0.43 acres
    New 5‑year NNN lease with minimal landlord/owner responsibilities
    Received new interior paint and flooring throughout at lease securement
    Year built: 1985
    Listed at a 7.6% cap rate and $155.40 PSF valuation
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    Garden Center Investment Property
    Garden Center Investment Property

    1929 Apperson Dr, Salem, VA 24153

    $624,950
    6,143 sqft 0.87 AC lot

    Garden center property with more than 400 feet of road frontage and reported daily traffic exceeding 21,000 vehicles.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Day Care Center Redevelopment Opportunity
    Day Care Center Redevelopment Opportunity

    425 S Colorado St, Salem, VA 24153

    Contact for pricing
    11,854 sqft

    Four contiguous parcels with three buildings, fenced outdoor play areas, parking, and flexible open space for adaptable use.

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    4 active listings match your search: Specialty for sale in Salem, VA. Based on your search, we've also compiled 31 Potential Opportunities for your consideration: 4 properties in nearby cities and 27 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

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

    Western-Style Event Estate
    Western-Style Event Estate

    9945 Brooks Mill Rd, Wirtz, VA 24184

    Contact for pricing
    8,854 sqft 11.22 AC lot

    Turn-key luxury event property with multiple ceremony and reception settings on landscaped grounds.

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    NNN Retail Property
    NNN Retail Property

    1626 Orange AVE NW, Roanoke, VA 24017

    $1,992,950

    A Family Dollar tenant occupies the property under a lease with automatic five-year extensions.

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    Former Elementary School Campus
    Former Elementary School Campus

    80 Burnt Chimney Rd, Wirtz, VA 24184

    Contact for pricing

    Existing utilities, infrastructure, recreational amenities, and substantial grounds support adaptive reuse and redevelopment planning.

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    Roanoke Land For Sale
    Roanoke Land For Sale

    1213 Gilmer Ave NW, Roanoke, VA 24017

    Contact for pricing
    0.08 AC lot

    Land available in Roanoke, Virginia.

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    Off-Market Properties in Salem, VA

    Consider similar Off-Market properties in Salem, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    860 Mt Vernon Ln
    CHARITABLE ORGANIZATION

    860 Mt Vernon Ln, Salem, VA 24153-2700

    Estimated value: by Request
    100 sqft 34.39 AC lot
    View details
    1409 Main St
    CHARITABLE ORGANIZATION

    1409 Main St, Salem, VA 24153-4411

    Estimated value:
    $240,000
    6,600 sqft 1.07 AC lot
    View details
    1000 Electric Rd
    CHARITABLE ORGANIZATION

    1000 Electric Rd, Salem, VA 24153-6438

    Estimated value:
    $245,000
    1.35 AC lot
    View details
    1025 Electric Rd
    CHARITABLE ORGANIZATION

    1025 Electric Rd, Salem, VA 24153-6437

    Estimated value:
    $660,000
    94,734 sqft 6.38 AC lot
    View details
    1126 Kime Ln
    CHARITABLE ORGANIZATION

    1126 Kime Ln, Salem, VA 24153-5301

    Estimated value:
    $870,000
    63,191 sqft 3.50 AC lot
    View details
    2236 Catawba Vly Dr
    PROFESSIONAL CLUBS/ASSOCIATIONS

    2236 Catawba Vly Dr, Salem, VA 24153

    Estimated value:
    $255,000
    1,080 sqft 30.78 AC lot
    View details
    1594 Deborah Ln
    PROFESSIONAL CLUBS/ASSOCIATIONS

    1594 Deborah Ln, Salem, VA 24153

    Estimated value:
    $330,000
    1,800 sqft 1.00 AC lot
    View details
    2383 Roanoke Blvd
    Individual retail properties

    2383 Roanoke Blvd, Salem, VA 24153

    Estimated value: by Request
    9,000 sqft 1.37 AC lot
    View details
    1200 Texas St
    CHARITABLE ORGANIZATION

    1200 Texas St, Salem, VA 24153

    Estimated value:
    $315,000
    7,388 sqft 3.41 AC lot
    View details
    1500 Red Ln Ext
    PROFESSIONAL CLUBS/ASSOCIATIONS

    1500 Red Ln Ext, Salem, VA 24153-1703

    Estimated value:
    $450,000
    3,300 sqft 143.73 AC lot
    View details
    1000 Red Ln
    CHARITABLE ORGANIZATION

    1000 Red Ln, Salem, VA 24153-2706

    Estimated value:
    $235,000
    0.17 AC lot
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    1000 Red Ln
    CHARITABLE ORGANIZATION

    1000 Red Ln, Salem, VA 24153-2706

    Estimated value:
    $235,000
    0.17 AC lot
    View details
    1000 Red Ln
    CHARITABLE ORGANIZATION

    1000 Red Ln, Salem, VA 24153-2706

    Estimated value:
    $235,000
    0.16 AC lot
    View details
    1000 Red Ln
    CHARITABLE ORGANIZATION

    1000 Red Ln, Salem, VA 24153-2706

    Estimated value:
    $235,000
    0.17 AC lot
    View details
    1000 Red Ln
    CHARITABLE ORGANIZATION

    1000 Red Ln, Salem, VA 24153-2706

    Estimated value:
    $235,000
    0.17 AC lot
    View details
    1000 Red Ln
    CHARITABLE ORGANIZATION

    1000 Red Ln, Salem, VA 24153-2706

    Estimated value:
    $235,000
    0.17 AC lot
    View details
    1000 Red Ln
    CHARITABLE ORGANIZATION

    1000 Red Ln, Salem, VA 24153-2706

    Estimated value:
    $250,000
    0.07 AC lot
    View details
    4898 Ramey Ln
    PROFESSIONAL CLUBS/ASSOCIATIONS

    4898 Ramey Ln, Salem, VA 24153-2258

    Estimated value:
    $365,000
    2,364 sqft 15.00 AC lot
    View details
    1679 Millwood Dr
    PROFESSIONAL CLUBS/ASSOCIATIONS

    1679 Millwood Dr, Salem, VA 24153-4616

    Estimated value:
    $590,000
    1,942 sqft 2.78 AC lot
    View details
    3233 Catawba Vly Dr
    PROFESSIONAL CLUBS/ASSOCIATIONS

    3233 Catawba Vly Dr, Salem, VA 24153-3323

    Estimated value:
    $1,450,000
    23,333 sqft 25.00 AC lot
    View details

    Salem, VA Specialty Properties Market Trends and Statistics

    Explore 31 specialty properties for sale in Salem, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 33,377 square feet of properties for sale, with an estimated market value of $3,369,950.

    Sale prices for properties in Salem, VA start at $624,950, averaging $1,123,316, and reaching up to $1,595,000 — 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 property segments ranked by active listings on the market

    NNN properties 2
    Day care centers 1
    Nursery and garden centers 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    24153 $887.5K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Salem city

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 50,000 to 100,000 square foot range.

    How Realmo verifies these figures

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    • 24153

    Featured Salem Real Estate Agencies

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    Re/Max Real Estate One
    329 W. Main St. Salem, VA 24153
    Phone: (540) 387-4200
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