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Fully Leased Commercial Investment Property
For Sale
$429,000

1315 Freeway Drive, Reidsville, NC 27320

Brick-and-mortar commercial investment with excellent visibility and long-term market value.

Days on Market389

Property Features for 1315 Freeway Drive

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1986
Listing Agency: RIVER LAKE HOMES LLC
Listed By: SHANNON MOORE
Source: Corcoran
Added: Jul 8, 2025 Changed: Jul 6 Last Checked: Jul 30 at 7:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIVER LAKE HOMES LLC

Investment Insights

Based on property information with market context.

This brick-and-mortar commercial investment property offers excellent visibility and long-term market value. The building is currently 100% occupied, providing immediate rental income. Upon entry, a foyer with a 1/2 bath divides the building into two substantial sections. The left side features a spacious reception area, two private offices, a full bathroom, and access to the entire upstairs level. The right side comprises three large office spaces and a conference room. The interior layout is thoughtfully designed, offering flexible spaces suitable for a variety of businesses. The property benefits from a highly visible location that ensures sustained market value. The property also features a new roof.

Key Highlights

  • FULLY LEASED: Immediate rental income with 100% occupancy.
  • STRATEGIC LOCATION: Highly visible location ensures sustained market value.
  • VERSATILE LAYOUT: Thoughtfully designed interior offers flexible spaces for various businesses.

Property Analytics

Current Use

Parrott Health & Senior ... Insurance Agency Powell & Associates, Inc Construction Company First Team Realty, ... Real Estate Agency Meridian Associates Land Surveyor Daniel K. Bailey, ... Law Firm

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27320, NC

37,843
Population
17,876
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
244.9 sq mi
ZIP Area
155
Density / Sq Mi
$55,491
Median Household Income
$37,258
Median Earnings
$776
Median Rent
$170,700
Median Home Value

Market

Properties on Market for Office Spaces in Rockingham County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office space - Brick-and-mortar commercial investment with excellent visibility and long-term market value.
Where is this office space located?
The property is located at 1315 Freeway Drive Reidsville, NC.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: FULLY LEASED: Immediate rental income with 100% occupancy.; STRATEGIC LOCATION: Highly visible location ensures sustained market value.; VERSATILE LAYOUT: Thoughtfully designed interior offers flexible spaces for various businesses.
More about this property
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