Sunset Village, located between Downtown Salem and the Roanoke River Greenway, is a residential and commuter-friendly Salem neighborhood with tree-lined blocks and quick links to parks. The neighborhood’s character concentrates around Main Street near the Salem Civic Center, where coffee counters, local diners, and small storefronts set a steady, walkable rhythm. Brick ranches and mid-century splits mix with newer infill, giving the streetscape a practical, lived-in look. Green space and ballfields shape daily routines, with trails and open lawns close by. Community touchstones include the Salem Civic Center, Salem Memorial Ballpark, and the Salem Museum, anchoring a calendar of games, exhibits, and events.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Approximately 9.02 acres of land
Directions: East Main Street to Electric Rd
Home design
Property type: Land (Acreage)
Construction
Land parcel
Utilities
No electric service available
Financial info
Listing price: $350,000
Annual taxes: $1,974.32
Other
Parcel number: 115-1-6
Electricity and solar
View estimated energy costs and solar savings for this home
Large lot with billboard income leased from Lamar billboard company. 16-year lease in place with current rent at $4,700/year with $300 increases in year 2, 6, & 11. Lamar Advertising is an outdoor advertising company which operates billboards, logo signs, and transit displays. The company was founded in 1902 and has over 200 locations in the United States, Canada and Puerto Rico.
Public Records
Sep 15, 1988
Sold
$8,000
Year
Property tax
Land + Additions
Assessment*
2026
$1,974 (+9.6%)
$170,200
2025
$1,802 (+4.3%)
$152,700
2024
$1,727 (+1.3%)
$143,900
2023
$1,704 (+14.5%)
$143,900
2022
$1,488 (+1.3%)
$142,000
2021
$1,469
$124,000
2020
$1,469
$122,400
2019
$1,469 (+1.7%)
$122,400
2018
$1,444
$122,400
2017
$1,444 (+6.4%)
$122,400
2015
$1,357
$122,400
2014
$1,357
$115,000
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
9.02 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Salem
APN
115-1-6
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 3, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
6 days above 101° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Salem, VA • 24153
Average low and high temperatures (°F)
42
26
50
31
67
42
75
50
75
55
86
65
88
70
80
63
78
60
70
48
60
42
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 200 Electric Rd
$320,455
$30K under list price of $350K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $245K to $318K.