Estimated payment $1,933/month
Highlights
- 1.7 Acre Lot
- No HOA
- 1-minute walk to Beverly Heights
- Salem High School Rated A-
- Level Lot
About This Lot
An outstanding opportunity to own 1.7 acres of prime commercial land with 196 feet of frontage on W. Main Street, one of the Roanoke Valley's busiest and most visible commercial corridors. Zoned HBD (Highway Business District), this property offers remarkable versatility for a wide range of commercial or retail uses. Public water and sewer connections are available at the street, ensuring a streamlined development process. With an impressive traffic count of approximately 18,000 vehicles per day (AADT), this location provides exceptional exposure and accessibility for your business or investment project.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,863
Lot Details
- 1.7 Acre Lot
- Level Lot
Schools
- West Salem Elementary School
- Andrew Lewis Middle School
- Salem High School
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,863 | $315,800 | $315,800 | $0 |
| 2024 | $1,806 | $301,000 | $301,000 | $0 |
| 2023 | $3,434 | $286,200 | $286,200 | $0 |
| 2022 | $3,185 | $265,400 | $265,400 | $0 |
| 2021 | $3,078 | $256,500 | $256,500 | $0 |
| 2020 | $3,082 | $256,800 | $256,800 | $0 |
| 2019 | $3,082 | $256,800 | $256,800 | $0 |
| 2018 | $3,030 | $256,800 | $256,800 | $0 |
| 2017 | $2,755 | $233,500 | $233,500 | $0 |
| 2016 | $2,643 | $224,000 | $224,000 | $0 |
| 2015 | $2,643 | $224,000 | $224,000 | $0 |
| 2014 | $2,643 | $224,000 | $224,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Sale | $339,000 | +38.4% | -- | |
| 10/10/2023 10/10/23 | Sold | $245,000 | -5.8% | -- | View Prior Sale |
| 11/03/2022 11/03/22 | Pending | -- | -- | -- | |
| 02/25/2022 02/25/22 | For Sale | $259,950 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | Performance Title |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 922398
APN: 174-5-1
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