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200 Kingsbarn Cir
Salem, VA 24153

Lot 2 · Land For Sale · 2.50 AC

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INVESTMENT HIGHLIGHTS

Large 2.5 Acre development lot
Conveniently located near Salem Civic Center

Variety of development options
Established park with strong medical presence

EXECUTIVE SUMMARY

Excellent building lot located in Prestonfield. This large 2.5-acre lot provides a variety of opportunities for office or medical development. Prestonfield occupants include LewisGale Physicians Orthopedics, Lucas Therapies, Mount Regis Center, Blue Ridge Pain Management Associates and University Physical Therapy.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Commercial Office Medical
No. Lots	1	Total Lot Size	2.50 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Medical
Total Lot Size	2.50 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price	$399,000	Lot Size	2.50 AC
Price Per AC	$159,600.00

Price	$399,000
Price Per AC	$159,600.00
Lot Size	2.50 AC

Excellent building lot located in Prestonfield. This large 2.5-acre lot provides a variety of opportunities for office or medical development.

PROPERTY TAXES

Parcel Number	148-1-4.1	Improvements Assessment	$0
Land Assessment	$601,300	Total Assessment	$601,300

PROPERTY TAXES

Parcel Number

148-1-4.1

Land Assessment

$601,300

Improvements Assessment

Total Assessment

$601,300

ZONING

Zoning Code	BCD
BCD

Listing ID: 28615724
Date on Market: 5/31/2023
Last Updated:
Address: 200 Kingsbarn Cir, Salem, VA 24153

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