420 Kessler Mill Rd - Light Distribution FOR SALE


Salem, VA 24153
$775,000 USD
434-841-0812
420 Kessler Mill Rd, Salem, VA for Sale
$775,000 USD
Light Distribution - FOR SALE
1/8
null | Request Cap Rate

420 Kessler Mill Rd
Salem, VA 24153


HIGHLIGHTS

  • 14,103 SF industrial building situated on 4.97 acres with a large yard.
  • Multiple dock-height doors and cold storage warehouse included
  • Ceiling heights range from 15’9” to 23’10” for versatile industrial use
  • Located 3 miles from Interstate 81 and 0.25 miles from US Route 460 Business.
  • Zoned LM-Light Manufacturing with monument signage at the entrance.
  • Offered at $775,000 with storage racking included in the sale.

OVERVIEW

Cushman & Wakefield | Thalhimer presents an industrial facility for sale at 420 Kesler Mill Road in Salem, Virginia. This single-story cinderblock building spans 14,103 square feet and sits on a 4.97-acre parcel, offering a large yard and ample parking. The property includes multiple dock-height doors, a cold storage warehouse, high bay ceilings, and two freestanding storage or multi-purpose sheds. Ceiling heights vary from 15’9” in the main warehouse to 23’10” in the high bay section, providing flexibility for a range of light manufacturing or distribution uses. Strategically located just off Kesler Mill Road, the site offers direct access to major transportation routes, including proximity to Interstate 81 (approximately 3 miles) and US Route 460 Business (0.25 miles), ensuring efficient regional connectivity. The property is zoned LM-Light Manufacturing and features a monument sign at the parking entrance. Utilities are provided by the City of Salem and Roanoke Gas. With a sales price of $775,000, this property represents an opportunity for owner-users or investors seeking a functional industrial asset in a well-established corridor. Storage racking on the property conveys with the sale, adding operational value for warehousing or logistics operations.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.97

LAND SF

216,493

ZONING

LM

APN/PARCEL ID

56-2-2

ASK ABOUT THIS PROPERTY

Wyatt PoatsCushman & Wakefield | ThalhimerMore Info
434-841-0812

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Wyatt PoatsCushman & Wakefield | ThalhimerMore Info
434-841-0812

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.