167-199 Sheraton Dr , Salem, VA 24153

$949,000

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New to the Market Active

LOT SIZE 5.410 acres MLS#930985

STATUSActive PROPERTY TYPELand - Commercial

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Property Description

Four parcels totaling 5.41 acres surrounding established hotel just off potential 3 buildings, 28,750 sf total with ample parking and traffic flow. Excellent potential for commercial, retail, office, flex, industrial, or service-oriented development, subject to zoning and I81 at exit 141 offer many opportunities for development. Owner has concept plan available showingapprovals.

167-199 Sheraton Dr | MLS# 930985

This land located at 167-199 Sheraton Dr , Salem, VA 24153 is currently listed for sale with an asking price of $949,000. The property has approximately 5.41 Acres. Search Salem real estate on robbieroach.massanuttenrealty.com today.

Property Features

Property Type: Land - Commercial

Lot Size: 5.41 Acres

Taxes: $6,474

Feature Descriptions

land: Hilly

Lot Dimensions: 5.41 acre(s)

Sewer: Public Sewer

Special View Info: Mountain(s)

Water: Public

Local Schools

High School: Salem High

Middle School: Andrew Lewis

Elementary School: G. W. Carver

Listed By / Shown By

Listed By

Agency Name: MKB, REALTORS(r)

Shown By

Agent Name: Robbie Roach
Agent Phone: (540) 421-7735
Agency Title: Massanutten Realty

Estimate Your Payment

Estimated Payment

$ 5,368.08 per month $4,551.79 Principal & Interest $539.50 Property Tax $276.79 Homeowner's Insurance

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167-199 Sheraton Dr , Salem, VA 24153

$949,000

SAVE TOUR PROPERTY

Robbie Roach Office: (540) 421-7735 Cell: (540) 421-7735 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:33:48 PM EST) or CAAR MLS (last updated Wed 09/02/2026 12:25:22 PM EST) or Staunton MLS (last updated Wed 09/02/2026 12:29:45 PM EST) or HRAR MLS (last updated Wed 09/02/2026 12:30:56 PM EST). Real estate listings held by brokerage firms other than Massanutten Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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