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    OFF-MARKET
    Land

    638 Way St, Reidsville, NC 27320

    4.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.08-acre industrial property in Reidsville, North Carolina, presents a unique investment opportunity. Located at 638 Way St, and zoned for Light Industrial use (APN: 150026 & 150040), this parcel offers significant potential for various commercial ventures. The property boasts a paved parking lot enclosed by over six-foot-high fencing, ensuring security and ease of access. A key feature is a 20-foot-wide, heavy-duty concrete rail bridge spanning a creek, providing convenient access across the property. The zoning permits uses such as mini-storage facilities, RV parking, and light industrial manufacturing or warehousing. Its excellent location provides good traffic visibility, making it an ideal site for businesses seeking high visibility and convenient access. The seller is offering some owner financing options, making this an even more attractive proposition. This property is ready for immediate development and represents a strong return on investment. Don't miss this chance to acquire this prime industrial land in a thriving area.

    Property profile
    Verified
    Property type Land
    Lot 4.08 ac (177,725 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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