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Property profile & analytics
OFF-MARKET
Land

0 Freeway Dr Reidsville, NC 27320

8.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.38-acre commercial land parcel presents a compelling investment opportunity in Reidsville, North Carolina. Located on Freeway Drive (Business 29/87), this property boasts a highly desirable location, situated along the western outer loop, north of downtown Reidsville and adjacent to the Reidsville Goodwill Store. The property is zoned for a mixed-use development, encompassing Highway Business (HB), Conditional Use-Highway Business (CU-HB), and Residential (RA-20) zoning designations. This allows for a flexible approach to development, potentially incorporating a blend of commercial and residential uses, or even exclusively residential development with a mix of single-family and multi-family dwellings. A survey conducted by Wilson Surveying, Inc. on September 16, 2014, confirms the 8.38-acre size (Rockingham County records list 9.39 acres

Property profile
Verified
Property type Land
Lot 8.38 ac (365,033 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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