Former Valleydale property in Salem is back on the market

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SALEM, Va. (WDBJ7) The Valleydale property in Salem is back on the market.

A group of investors purchased the property two years ago. Tentative plans called for a mixed-use development.

But this week, partner Brent Cochran said the group is currently tied up with other projects, and decided to see if anyone else is interested in creating jobs there.

If that doesn't happen, Cochran said the current owners could still redevelop the property.

"At the end of the day," Cochran wrote in an email, "we want to do what is best for the City of Salem."