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1432 Apperson Dr
Salem, VA 24153
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Rare opportunity to purchase at one of the highesttraffic intersections in Salem
- Abundant on-site parking
- Signalized hard corner of Electric Road and Apperson Drive
- Large pylon & building signage
EXECUTIVE SUMMARY
Positioned at the signalized hard corner of Electric Road (Route 419) and Apperson Drive, the site boasts outstanding visibility and accessibility—ideal for retail, service, or office use.
The 3,179 square foot freestanding building sits on a generous 0.94-acre lot, providing ample space for customers and staff with abundant on-site parking. Built in 1965, the structure offers excellent signage opportunities, including a large pylon sign and prominent building signage, ensuring maximum exposure to thousands of vehicles passing daily.
The 3,179 square foot freestanding building sits on a generous 0.94-acre lot, providing ample space for customers and staff with abundant on-site parking. Built in 1965, the structure offers excellent signage opportunities, including a large pylon sign and prominent building signage, ensuring maximum exposure to thousands of vehicles passing daily.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,179 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.52 AC
Zoning
TBD
Parking
20 Spaces (6.29 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $613,379 CAD | |
| Land Assessment | $439,046 CAD | Total Assessment | $1,052,425 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$439,046 CAD
Improvements Assessment
$613,379 CAD
Total Assessment
$1,052,425 CAD
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