For sale
223 Craig Ave
Salem, VA 24153
$385,000
- 0.99acres
Listed by Mkb, REALTORS®
About this land.
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!
Facts and features.
The land
- Type
- Land
Outside and lot
- Lot setting
- Level
Utilities
- Water source
- Public
Community
- HOA dues
- None
- County
- City Of Salem County
The listing
- Annual tax
- $700 (from the listing)
- Source
- Roanoke Valley Association of REALTORS® MLS #932246
Price and status history.
35
days on market
| Date | Event | Price |
|---|---|---|
| Oct 9, 2026 | Listed for sale | $385,000 |
Location.
223 Craig Ave, Salem, VA 24153
Listing information
Listing courtesy of Mkb, REALTORS®.
Displayed by GRAVITY Real Estate Group.
Information last updated .
Listing 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 is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.
See it in person.
Request a tour.
Pick a day and a time. A GRAVITY agent will reach out to confirm.
Ask a question.
Ask about the home, the neighborhood or the next steps. A GRAVITY agent will reply by email or phone.
Similar homes for sale.
$350,000
9 acresLand
200 Electric Rd, Salem
Listing courtesy of Edwin C Hall Associates Inc
$389,500, price reduced by $90K
0.76 acresLand
Lot 4 Bridgewater Grande Dr, Moneta
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
$375,000, price reduced by $24K
0.48 acresLand
Lot 41 East Point Way, Moneta
Listing courtesy of Virginia Realty Group
$375,000, price reduced by $113K
65 acresLand
0 Lavender Ln, Amherst
Listing courtesy of RE/MAX Lakefront Realty Inc
Nearby sales, last 12 months.
$25,000
0.11 acresLand
700 N Stonewall St, Salem
19% under asking, 200 days on market
Listing courtesy of Mkb, REALTORS®
$25,000
0.11 acresLand
700 N Stonewall St, Salem
19% under asking, 200 days on market
Listing courtesy of Mkb, REALTORS®
$100,000
2 bd1.5 ba1,169 sq ft
221 Craig Ave, Vinton
5% over asking, 4 days on market
Listing courtesy of Exp Realty LLC - Stafford
$150,000
3 bd1 ba1,272 sq ft
323 Craig Ave, Vinton
12% under asking, 22 days on market
Listing courtesy of Keller Williams Realty Roanoke