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    & NC 87 Sandy Cross Rd Reidsville, NC 27320

    For Sale
    $240,000

    2-Acre Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2-acre commercial land parcel presents a unique investment opportunity in Reidsville, North Carolina. Strategically located at the intersection of Sandy Cross Road and NC 87, this property boasts high visibility due to its placement at a lighted intersection. The site offers significant potential for various commercial uses, although rezoning may be required depending on the intended development. All utilities are readily available, including water and sewer connections, simplifying the development process. The property is situated along the "Path to Progress," suggesting future growth and development in the surrounding area. With its convenient location, ample space, and access to essential utilities, this land parcel is ideal for entrepreneurs and investors seeking a prime location to establish their business. The asking price is $240,000. The property is zoned for commercial use. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a well-positioned commercial lot in a growing area. Don't miss out on this chance to secure a valuable asset in a thriving community.

    Property Features for & NC 87 Sandy Cross Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • ±2 Acres of commercial land.
    • High‑visibility location at a lighted intersection.
    • Water and sewer readily available.
    • Suitable for various commercial uses; rezoning may be required.
    • Situated on the "Path to Progress" in Reidsville, NC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Food Market Storage Facility Grocery Store Garden Center Discount Store Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.7338535
    Latitude
    36.3744131

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    FAQs

    What type of property is this?
    Land - 2-Acre Commercial Lot, High Visibility
    Where is this land located?
    The property is located at & NC 87 Sandy Cross Rd Reidsville, NC.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: ±2 Acres of commercial land.; High-visibility location at a lighted intersection.; Water and sewer readily available.
    (336) 516-2458
    Request Owner's contact information
    & NC 87 Sandy Cross Rd Reidsville, NC 27320
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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
    & NC 87 Sandy Cross Rd Reidsville, NC 27320
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