For Sale
$1,475,000

3114 Main StSalem, VA 24153

9.7 Acres, I-2 Zoning, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 9.699-acre industrial land parcel presents a compelling investment opportunity in Salem, Virginia. Located at 3114 W Main St (US Route 460), this property boasts I-2 (Heavy Industrial) zoning, providing significant development flexibility. Its strategic location in Roanoke County offers unparalleled access to Interstate 81, with four-lane access within 1.5 miles of two interchanges (exits 137 and 132). The high daily traffic count of over 17,000 vehicles ensures excellent visibility and accessibility. Situated near major businesses including US Foods, Medeco, Kroger, Lowe's distribution centers, and Mack Trucks, this site benefits from established infrastructure and a thriving commercial environment. The property is less than 30 miles from Blacksburg, VA. With a current market vacancy rate of approximately 2.8% in the combined Roanoke and Blacksburg industrial markets, this site represents a rare opportunity to capitalize on significant unmet demand for industrial flex development. The potential exists to develop multiple structures on this sizable lot, making it ideal for a variety of industrial uses. The asking price is $1,475,000.

Highlights

  • I-2 Heavy Industrial Zoning.
  • Excellent Interstate 81 access via Exits 137 and 132.
  • Four-lane access to I-81.
  • High traffic count exceeding 17,000 vehicles per day.
  • Proximity to industrial and commercial businesses.
  • Low market vacancy rate of 2.8%.

Property Details for 3114 Main St

Property type
Land, Industrial properties
Lot Size (sq. ft)
422,488 SF

Location Insight

City
Salem
County
Roanoke
State
Virginia
Latitude
37.2795704
Longitude
-80.1122583
3114 Main St, Salem, Virginia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3114 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message