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    00 Morehead St Reidsville, NC 27320

    For Sale
    $2,500,000

    100+ Acres, Exceptional Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 100.42-acre parcel presents a remarkable investment opportunity in the thriving city of Reidsville, North Carolina. Located at 00 E Morehead Street, this expansive tract of land offers significant potential for a variety of development projects. The property's substantial size provides ample space for diverse uses, catering to both residential and commercial ventures. Its strategic location within Reidsville ensures convenient access to essential amenities, transportation routes, and a growing community. The sheer scale of this landholding makes it an ideal canvas for large-scale developments, offering the chance to create a significant impact on the local landscape. Prospective buyers will find this property particularly attractive due to its size and location within a dynamic and expanding market. The potential for future appreciation is considerable, making this a compelling investment for those seeking a substantial land acquisition in a promising North Carolina location. Detailed surveys and environmental assessments are recommended to fully understand the property's potential and to inform any development plans. This is a rare opportunity to acquire a significant landholding in a rapidly developing area, offering substantial returns for the discerning investor. Serious inquiries are encouraged to explore the possibilities this unique property presents. The asking price for this expansive property is $2,500,000.

    Property Features for 00 Morehead St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,374,295 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.64441
    Latitude
    36.36861

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    FAQs

    What type of property is this?
    Commercial real estate - 100+ Acres, Exceptional Opportunity
    Where is this commercial real estate located?
    The property is located at 00 Morehead St Reidsville, NC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (336) 273-7771
    Request Owner's contact information
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    Reidsville, NC 27320
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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
    00 Morehead St Reidsville, NC 27320
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