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    2517 Us-158 Reidsville, NC 27320

    Sponsored
    For Sale
    $695,000

    Vacant 6,600 SF Auto Shop, NC

    Property size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 6,600-square-foot vacant auto shop in Reidsville, North Carolina, is available for $695,000. Built in 2005, this fee-simple property sits on a 1.71-acre lot and features twelve service bays equipped with vehicle lifts, ideal for a full-service auto repair business. The building also includes office space and restrooms. The front area offers potential for conversion into showroom space or administrative offices. Located on US-158 (a future Interstate 785), this property benefits from its position in the Greensboro MSA, approximately 30 miles south. The area is known as an industrial hub, home to several major corporations. The property's previous owner operated a successful auto service business for seventeen years. While a lease is considered, a sale is preferred. The permitted zoning is commercial. The building is a single-unit structure with a metal construction. The asking price per square foot is $105.30.

    Property Features for 2517 Us-158

    General Information

    Property type
    Automotive properties
    Square Feet
    6,600 SF
    Lot Size
    74,488 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Units
    1

    HighLights

    • 17‑year operational history.
    • Suitable for auto repair, oil changes, brakes, tire & auto sales.
    • Twelve service bays, two for larger vehicles.
    • Metal building construction.
    • Estate sale; lease possible, sale preferred.
    • Greensboro MSA location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.696048752184
    Latitude
    36.333723922686

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    FAQs

    What type of property is this?
    Automotive property - Vacant 6,600 SF Auto Shop, NC
    Where is this automotive property located?
    The property is located at 2517 Us-158 Reidsville, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 17-year operational history.; Suitable for auto repair, oil changes, brakes, tire & auto sales.; Twelve service bays, two for larger vehicles.
    Request Owner's contact information
    2517 Us-158 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
    2517 Us-158 Reidsville, NC 27320
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