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    Us Highway 158 Reidsville, NC 27320

    For Sale
    $1,500,000

    50 Acres, High Visibility, Development Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 50.01-acre parcel presents a significant commercial development opportunity in Reidsville, NC. Boasting over 2700 feet of road frontage along US Highway 158, this property offers unparalleled visibility and accessibility. Currently undergoing partial clearing by a North Carolina Department of Transportation (NCDOT) contractor for an overpass project, this will result in approximately 2.85 acres of level, at-grade land, significantly reducing site preparation costs. The property's potential uses are diverse, ranging from large-scale commercial or retail development to multi-family residential projects. City of Reidsville utilities are readily available via Lawsonville Avenue, and additional water and sewer options are under consideration. The asking price reflects the current state of the land, acknowledging the grading already completed by the NCDOT. This prime location offers a unique chance to capitalize on a significant infrastructure improvement and create a thriving commercial development. The substantial acreage and high visibility make this an exceptional investment for developers seeking a high-impact project in a growing area. The existing partial clearing significantly reduces the initial development costs, making this a compelling opportunity for immediate action. Don't miss this chance to acquire a large, strategically located parcel with significant development potential.

    Property Features for Us Highway 158

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,178,436 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.52358
    Latitude
    36.39916

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    FAQs

    What type of property is this?
    Commercial real estate - 50 Acres, High Visibility, Development Ready
    Where is this commercial real estate located?
    The property is located at Us Highway 158 Reidsville, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (336) 273-7771
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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
    Us Highway 158 Reidsville, NC 27320
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