167-199 Sheraton DR, Salem, VA 24153
$949,000
Property Type:
Land
Lot Size (sq. ft.):
235,660
Status:
Active
Current Price:
$949,000
List Date:
9/02/2026
Last Modified:
9/02/2026
Overview
Description
Listing Details MLS# 930985
Location, Tax & Legal
- Area
- 0300 - City of Salem
- Street Number
- 167-199
- Street Name
- Sheraton
- Street Suffix
- DR
- State/Province
- VA
- Zip Code
- 24153
- Subdivision
- N/A
- Municipality
- City of Salem
- Elementary School
- G. W. Carver
- Middle School
- Andrew Lewis
- High School
- Salem High
- Major Area
- 03 - City of Salem
- Phase
- 0
- Lot
- No
- Block
- No
- Tax ID
- 4-1-1.1
- Annual Taxes
- 6474.63
- Section
- No
- POA Y/N
- No
General Property Description
- Land Type
- Unimproved Lot
- Land Sub-Type
- Commercial Land
- Total Acreage
- 5.41
- Manufactured Allowed
- No
- Water Class
- N/A
Remarks & Misc
- Public Remarks
- Four parcels totaling 5.41 acres surrounding established hotel just off potential 3 buildings, 28,750 sf total with ample parking and traffic flow. Excellent potential for commercial, retail, office, flex, industrial, or service-oriented development, subject to zoning and I81 at exit 141 offer many opportunities for development. Owner has concept plan available showing approvals.
- Directions
- 0.5 miles Off Exit # 141 Inter State 81
Limited Service
- Not Limited Service
- Yes
Land Description
- Hilly
- Yes
More Information
Views
- Mountain(s)
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Electric Description
- Available
- Yes
Property Features
Limited Service:
Not Limited Service
Land Description:
Hilly
Views:
Mountain(s)
Electric Description:
Available
Water Description:
Public
Sewer Description:
Public Sewer
Listing Office:
MKB, REALTORS®
Last Updated: September - 02 - 2026
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