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5647 W River Rd - 48 Acre Industrial Site Lot • Terrain commercial • 48,76 Acres • 5 126 625 $ CAD • Salem, VA 24153


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Faits saillants de l'investissement
- Interstate Access: Less than 2 Miles from I-81 (Exit 132)
- Large Industrial Site for the Market
- Centrally Located Between the Roanoke and New River Valley Markets
Résumé de l'annonce
The property consists of approximately 48 acres located at 5647 W. River Road in Salem, Virginia, positioned less than 2 miles from Interstate 81 (Exit 132 – Dixie Caverns). The site offers excellent regional access to the Roanoke Valley and the New River Valley, with convenient connectivity to U.S. Route 460 and surrounding industrial and employment centers.
The parcel is currently zoned a combination of I-2 (Heavy Industrial) and R-1, with a strong expectation that Roanoke County would support rezoning of the entire tract to I-2, subject to standard approvals. Given its size, zoning framework, and proximity to major transportation corridors, the site is well-suited for industrial development, including manufacturing, distribution, or service-oriented industrial uses.
The subject property is located near the Technology Drive industrial corridor in Salem, one of the Roanoke Valley’s most established and successful industrial areas. Technology Drive is anchored by Mack Trucks’ Roanoke Valley Operations, a nationally significant manufacturing facility, along with Rhenus Automotive and other automotive, logistics, and industrial support users. Additional manufacturers, distribution warehouse, and service-oriented industrial businesses in the corridor further reinforce the area’s role as a key employment and production hub. The presence of these users highlights the market’s proven ability to support large-scale industrial operations and underscores the suitability of the subject property for future industrial development.
This offering represents a rare opportunity to acquire a large, well-located industrial development tract in a supply-constrained market with strong regional fundamentals and interstate access.
The parcel is currently zoned a combination of I-2 (Heavy Industrial) and R-1, with a strong expectation that Roanoke County would support rezoning of the entire tract to I-2, subject to standard approvals. Given its size, zoning framework, and proximity to major transportation corridors, the site is well-suited for industrial development, including manufacturing, distribution, or service-oriented industrial uses.
The subject property is located near the Technology Drive industrial corridor in Salem, one of the Roanoke Valley’s most established and successful industrial areas. Technology Drive is anchored by Mack Trucks’ Roanoke Valley Operations, a nationally significant manufacturing facility, along with Rhenus Automotive and other automotive, logistics, and industrial support users. Additional manufacturers, distribution warehouse, and service-oriented industrial businesses in the corridor further reinforce the area’s role as a key employment and production hub. The presence of these users highlights the market’s proven ability to support large-scale industrial operations and underscores the suitability of the subject property for future industrial development.
This offering represents a rare opportunity to acquire a large, well-located industrial development tract in a supply-constrained market with strong regional fundamentals and interstate access.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 5 126 625 $ CAD | Taille du lot | 48,76 AC |
| Prix par AC | 105 139,97 $ CAD |
| Prix | 5 126 625 $ CAD |
| Prix par AC | 105 139,97 $ CAD |
| Taille du lot | 48,76 AC |
Topography on this site is generally level with moderate slope.
Description
The eastern boundary of the property is along the Roanoke River and approximately 4.4 acres of the property is located within a flood zone. The northern portion of the property is bordered by track for Norfolk-Southern. There is electric to the site and public water and sewer is available across W. River Road.
1 1
Impraticable à pied
10/100
Exceptionnellement facile d’accès en voiture
100/100
Assez praticable en vélo
20/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 425 988 $ CAD | |
| Évaluation du terrain | 1 109 538 $ CAD | Évaluation totale | 1 535 527 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 109 538 $ CAD
Évaluation des bâtiments
425 988 $ CAD
Évaluation totale
1 535 527 $ CAD
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5647 W River Rd - 48 Acre Industrial Site
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