48 Acre Industrial Site

The property is strategically located at 5647 W. River Road in Salem, Virginia, offering excellent regional accessibility with immediate proximity to Interstate 81 (Exit 132 – Dixie Caverns). The site is approximately 2 miles from I-81, providing efficient north–south connectivity to Roanoke, the Shenandoah Valley, and major Mid-Atlantic markets. Situated just minutes from Downtown Salem and the City of Roanoke, the property benefits from access to the Roanoke Valley’s workforce, industrial base, and transportation infrastructure, including the Roanoke Regional Airport and Class I rail service. The location also provides convenient access to U.S. Route 460, allowing for efficient east–west travel between Roanoke and the New River Valley, including Christiansburg, Blacksburg, and Radford. This central positioning places the site within easy reach of two of Southwest Virginia’s primary economic regions—the Roanoke Valley and the New River Valley—making it well-suited for industrial, distribution, or service-oriented users seeking strong interstate access and regional reach.The property consists of approximately 48 acres located at 5647 W. River Road in Salem, Virginia, positioned less than 2 miles from Interstate 81 (Exit 132 – Dixie Caverns). The site offers excellent regional access to the Roanoke Valley and the New River Valley, with convenient connectivity to U.S. Route 460 and surrounding industrial and employment centers. The parcel is currently zoned a combination of I-2 (Heavy Industrial) and R-1, with a strong expectation that Roanoke County would support rezoning of the entire tract to I-2, subject to standard approvals. Given its size, zoning framework, and proximity to major transportation corridors, the site is well-suited for industrial development, including manufacturing, distribution, or service-oriented industrial uses. The subject property is located near the Technology Drive industrial corridor in Salem, one of the Roanoke Valley’s most established and successful industrial areas. Technology Drive is anchored by Mack Trucks’ Roanoke Valley Operations, a nationally significant manufacturing facility, along with Rhenus Automotive and other automotive, logistics, and industrial support users. Additional manufacturers, distribution warehouse, and service-oriented industrial businesses in the corridor further reinforce the area’s role as a key employment and production hub. The presence of these users highlights the market’s proven ability to support large-scale industrial operations and underscores the suitability of the subject property for future industrial development. This offering represents a rare opportunity to acquire a large, well-located industrial development tract in a supply-constrained market with strong regional fundamentals and interstate access.