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722-726 Roanoke St

7,200 SF 60% Leased Light Industrial Building Salem, VA 24153 £865,535 (£120/SF) 6% Net Initial Yield

Executive Summary

two buildings on the half acre lot: two units (726 & 724) in front building and three units in rear (722ABC). Total of 5 man doors and 5 garage doors (12x12 each) 3phase electricity in the 722ABC and single phase in the 726 and 724 (front building)

Property Facts

Price £865,535 Lot Size 0.50 AC
Price Per SF £120 Rentable Building Area 7,200 SF
Sale Type Investment or Owner User Number of Floors 1
Net Initial Yield 6% Year Built 1994
Sale Conditions Business Value Included Parking Ratio 4.17/1,000 SF
Property Type Light Industrial Clear Ceiling Height 20 ft
Property Subtype
R&D
  • Industrial Manufacturing
  • Industrial Warehouse
  • Light Industrial Light Distribution
 Level Access Doors 5
Building Class C
Price £865,535
Price Per SF £120
Sale Type Investment or Owner User
Net Initial Yield 6%
Sale Conditions Business Value Included
Property Type Light Industrial
Property Subtype
R&D
  • Industrial Manufacturing
  • Industrial Warehouse
  • Light Industrial Light Distribution
Building Class C
Lot Size 0.50 AC
Rentable Building Area 7,200 SF
Number of Floors 1
Year Built 1994
Parking Ratio 4.17/1,000 SF
Clear Ceiling Height 20 ft
Level Access Doors 5

Amenities

  • Signage

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 142-4-6.1
  • 142-4-6.2
 Improvements Assessment £276,089
Land Assessment £82,945 Total Assessment £359,034

PROPERTY TAXES

Parcel Numbers
Multiple
  • 142-4-6.1
  • 142-4-6.2
Land Assessment
£82,945
Improvements Assessment
£276,089
Total Assessment
£359,034

zoning

Zoning Code LM (commercial-industrial See City of Salem VA for details)
LM (commercial-industrial See City of Salem VA for details)
(540) 816-8696

Contact

  • Tommy Foster
    Tommy Foster
  • BoreAuger LLC

  • Listing ID: 34224953

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 722-726 Roanoke St, Salem, VA 24153

The Light Industrial Property at 722-726 Roanoke St, Salem, VA 24153 is currently available for sale. Contact BoreAuger LLC for more information.

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722-726 Roanoke St
(540) 816-8696 x

722-726 Roanoke St

Tommy Foster

(540) 816-8696

(540) 816-8696

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