0 Baths

$949,000

167-199 Sheraton DR, Salem VA, 24153

Price per sqft$4.03

Lot size5.41 Acres

Property typeLand

Overview

Active

Listed Sep 2, 2026

Updated Sep 10

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.

Additional information

MLS^® ID: 930985

Exterior Features

Lot Size: 5.41 Acres

Other Property Details

Taxes: $6,475
Tax Frequency: Annually
View: Yes

Listed by Nick Patel with MKB, REALTORS®
Listing Contact: [email protected]

The IDX display contains information sourced from the Roanoke Valley Association of REALTORS® as of 9/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/10/2026 at 1:25 PM UTC