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    Ronald Reagan Way Reidsville, NC 27320

    For Sale
    $225,000

    Prime 4.36-acre commercial lot, high visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 4.36-acre commercial land parcel presents a remarkable investment opportunity in Reidsville, North Carolina. Strategically positioned at the corner of Freeway Drive and in close proximity to US 158, this property boasts unparalleled visibility and accessibility, ensuring high traffic flow and maximum exposure for any business. The expansive acreage offers ample space for a diverse range of commercial developments, including retail establishments, office complexes, restaurants, or other ventures requiring significant space and prominent location. The site's prime location within a highly desirable area guarantees a strong return on investment. This versatile property is ready for immediate development, offering significant potential for growth and success. Detailed restrictions are available upon request. The asking price for this exceptional commercial land is $225,000. Don't miss this chance to secure a prime location in a thriving area. Act quickly to capitalize on this exceptional opportunity. The property is located at 0 Ronald Reagan Way, Reidsville, NC.

    Property Features for Ronald Reagan Way

    General Information

    Property type
    Industrial properties
    Lot Size
    189,922 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.64056
    Latitude
    36.35695

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    FAQs

    What type of property is this?
    Industrial property - Prime 4.36-acre commercial lot, high visibility
    Where is this industrial property located?
    The property is located at Ronald Reagan Way Reidsville, NC.
    What is the asking price?
    The asking price for this property is $225,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Ronald Reagan Way Reidsville, NC 27320
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