223 Craig Ave
Salem, VA 24153
0.99Acre(Lot)
Prime Development Opportunity in the City of Salem! Ideally located directly across from Roanoke College, this property offers excellent potential for residential development. With access from Thompson Memorial Drive, the land offers the possibility of being subdivided into three individual building lots or developed for townhomes, subject to City of Salem zoning and subdivision approvals. Conveniently located within walking distance of downtown Salem, shopping, dining, and just minutes from Interstate 81. A fantastic opportunity for builders, developers, or investors in a highly desirable location. Proposed development plans are available in the attached documents. Don't miss this rare opportunity in the heart of Salem!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Main Square Feet: 0.99 Acres Lot Size Acres: 0.99 Lot Size Square Feet: 43124.4 Lot Description: LevelProperty Information
Subdivision: N/A Source Property Type: Land MLS Area Minor: 0300 - City of Salem
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Listing Price Information
Listing Price: $385000
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Tax Information
Parcel Number: 85-2-2 Tax Lot: 1a Tax Block: 0 Annual Tax: $700
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School Information
Elementary School: G. W. CarverJunior High School: Andrew LewisSenior High School: Salem High -
Utility Information
Cable Available -
Location Information
Direction: E. on Main st to left on Thompson to property on right. Craig ave. to signs on left. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Allie Ln, Salem, VA, 24153 | $189,950 | -- | -- | -- | 17.07 Acres(Lot) |
| 000 Cherokee Hills Dr, Salem, VA, 24153 | $45,000 | -- | -- | -- | 0.36 Acre(Lot) |
| West Main St, Salem, VA, 24153 | $180,000 | -- | -- | -- | 0.96 Acre(Lot) |
| Quail Lane, Salem, VA, 24153 | $84,900 | -- | -- | -- | 1.58 Acres(Lot) |
| 2005 E Main St, Salem, VA, 24153 | $149,950 | -- | -- | -- | 0.56 Acre(Lot) |
| 400 Hemlock Rd, Salem, VA, 24153 | $55,000 | -- | -- | -- | 1.48 Acres(Lot) |
| 200 Electric Rd, Salem, VA, 24153 | $350,000 | -- | -- | -- | 9.02 Acres(Lot) |
| 167-199 Sheraton Dr, Salem, VA, 24153 | $949,000 | -- | -- | -- | 5.41 Acres(Lot) |
| 1000 BLK Polar Ln, Salem, VA, 24153 | $595,000 | -- | -- | -- | 12.45 Acres(Lot) |
| Quail Ln, Salem, VA, 24153 | $89,500 | -- | -- | -- | 1.58 Acres(Lot) |
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Nearby For Sale
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ByOwner last updated this listing 10/10/2026 @ 04:09
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