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- LoopNet Team
1871 Harrogate dr
Salem, VA 24153
Multifamily Development Opportunity · Land For Sale
·
4.97 AC

INVESTMENT HIGHLIGHTS
- Planned Residential Development
- Mountain Views
- Conveniently Located near West Main Street and I-81
- Desirable Salem City Location
- Public Utilities Available
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Commercial | Total Lot Size | 4.97 AC |
| Zoning | Residential Multi-Family | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 4.97 AC |
| Zoning | Residential Multi-Family |
DESCRIPTION
Jacob Quesinberry at Poe & Cronk Real Estate Group presents a unique multifamily development opportunity in Salem, Virginia. The 5+/- acre property is currently zoned Residential Multi-Family (RMF) with a master plan for multiple condominium buildings. The original plans provided for a 3-story building with 30 two-bedroom units. The property is located adjacent to Friendship Salem Terrace, an assisted living and memory care facility, and single family patio homes.
PROPERTY TAXES
| Parcel Numbers |
Multiple
|
Improvements Assessment | $28,200 |
| Land Assessment | $274,400 | Total Assessment | $302,600 |
PROPERTY TAXES
- 128-1-5
- 128-1-3
Listing ID: 31751959
Date on Market: 5/9/2024
Last Updated:
Address: 1871 Harrogate dr, Salem, VA 24153
The Land Property at 1871 Harrogate dr, Salem, VA 24153 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
NEARBY LISTINGS
