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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 | Improvements Assessment | $28,200 | |
| Land Assessment | $274,400 | Total Assessment | $302,600 |
Property Taxes
Parcel Numbers
Land Assessment
$274,400
Improvements Assessment
$28,200
Total Assessment
$302,600
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