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5647 W River Rd - 48 Acre Industrial Site Lot • Terrain commercial • 48,76 Acres • 5 281 837 $ CAD • Salem, VA 24153


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Faits saillants de l'investissement
- ±48-acre industrial development opportunity in Salem, Virginia
- Located adjacent to the established Technology Drive industrial corridor, anchored by Mack Trucks and Rhenus Automotive
- Ideal for manufacturing, distribution, logistics, warehousing, and service-industrial uses
- Excellent regional connectivity via Interstate 81, U.S. Route 460, Roanoke-Blacksburg Regional Airport, and Norfolk Southern Class I rail service
- Currently zoned I-2 (Heavy Industrial) and R-1, with strong expectation of rezoning the entire tract to I-2
- Electric service on-site; public water and sewer available across W. River Road
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 | 5 281 837 $ CAD | Taille du lot | 48,76 AC |
| Prix par AC | 108 323,16 $ CAD |
| Prix | 5 281 837 $ CAD |
| Prix par AC | 108 323,16 $ 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
Inaccessible à pied
10/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
20/100
Impôts fonciers
| Numéro de lot | 064.03-01-25.01-0000 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 440 713 $ CAD | Évaluation totale | 440 713 $ CAD |
Impôts fonciers
Numéro de lot
064.03-01-25.01-0000
Évaluation du terrain
440 713 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
440 713 $ CAD
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5647 W River Rd - 48 Acre Industrial Site
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