638 Way St, Reidsville, NC 27320
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.
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
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.