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    Hwy 158 Ruffin, NC 27320

    Sponsored
    For Sale
    $1,500,000

    Prime 50-acre tract, ideal for development. High visibility, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 50-acre (50.1 acres to be exact) property located at 0 US Hwy 158 W, Reidsville, NC 27320, presents a unique investment opportunity. Situated in Rockingham County, this mixed-use land boasts over 2700 feet of road frontage on US Highway 158 West, offering unparalleled visibility and accessibility. Its proximity to NC Highway 29, soon to be an interstate, further enhances its strategic location and future development potential. The property is zoned for mixed use, allowing for a wide range of development possibilities, including large commercial outparcels or even apartment complexes. City of Reidsville utilities are conveniently located on Lawsonville Avenue. The asking price of $1,500,000 reflects the significant grading required to create a large, level building pad, making this a compelling opportunity for developers seeking a substantial project with high return potential. The property is offered as an estate sale. This is a rare opportunity to acquire a large parcel of land with exceptional road frontage in a rapidly developing area.

    Property Features for 0 Hwy 158

    General Information

    Property type
    Farms
    Lot Size
    2,178,000 SF

    HighLights

    • 50.1‑acre mixed‑use land in Reidsville, NC, at 0 US Hwy 158 W.
    • Over 2,700 feet of US Hwy 158 W frontage provides exceptional visibility and accessibility.
    • Strategic location near NC Hwy 29 (future interstate) enhances development potential.
    • Mixed‑use zoning allows for diverse development, including commercial and multifamily.
    • City utilities available on Lawsonville Avenue.
    • $1,500,000 asking price reflects necessary grading for large building pad; estate sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ruffin
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.635554701931
    Latitude
    36.361810672705

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Prime 50-acre tract, ideal for development. High visibility, excellent access.
    Where is this farm located?
    The property is located at Hwy 158 Ruffin, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 50.1-acre mixed-use land in Reidsville, NC, at 0 US Hwy 158 W.; Over 2,700 feet of US Hwy 158 W frontage provides exceptional visibility and accessibility.; Strategic location near NC Hwy 29 (future interstate) enhances development potential.
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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
    Hwy 158 Ruffin, NC 27320
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