113 Corporate Boulevard

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113 Corporate Boulevard

Salem, VA 24153
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

113 Corporate Boulevard, Salem, VA 24153 <ul><li>​2.19 AC (Opportunity Zone Land for Sale)</li><li>​Lot can be subdivided</li><li>​Next to Salem Montessori School</li><li>​Across from the Salem Football Stadium, Baseball Stadium, and Salem Civic Center</li><li>​Professional park like setting</li><li>​Corner lot with lots of visibility</li><li>​Zoned HBD (zoning now allows food service usage)</li></ul>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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