0 Freeway Dr Reidsville, NC 27320
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.