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    Property profile & analytics

    Richardson Dr Reidsville, NC 27320

    • Land
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Richardson Dr

    Lot size
    1.62 lot acres
    Property type
    Land

    Description

    This exceptional 1.62-acre commercial land parcel presents a remarkable opportunity for development in Reidsville, North Carolina. Located at 0 Richardson Dr, zip code 27320, this property boasts a highly desirable location within Rockingham County. The expansive lot offers significant potential for a variety of commercial ventures, providing ample space for construction and future expansion. Its convenient address ensures excellent visibility and accessibility, making it an ideal site for businesses seeking a strong presence in a thriving community. The asking price of $39,997 represents exceptional value for a commercial lot of this size and location. With its strategic positioning and substantial acreage, this property is poised to deliver significant returns on investment. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property's coordinates are 36.3423468 latitude and -79.6792296 longitude, allowing for easy location verification and site planning. This is a rare opportunity to acquire a sizable commercial lot in a growing area, ready for immediate development. Don't miss out on this chance to secure a valuable asset in a desirable location. Act quickly to capitalize on this exceptional investment opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.6792
    Latitude
    36.3423

    Comparable in this City

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      2.02 Acres

      Freeway Dr

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      0 Freeway Dr, Reidsville, NC 27320
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    Similar Nearby for Lease

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    Richardson Dr
    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
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