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Property profile & analytics
OFF-MARKET
Land

1710 Freeway Dr Reidsville, NC 27320

1.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.84-acre commercial land parcel in Reidsville, North Carolina, presents a remarkable investment opportunity. Located on Freeway Drive, this property boasts 488 feet of road frontage and enjoys exceptional visibility due to its position amongst established businesses including Sheetz, Rite-Aid, Hardee's, Verizon, and Harbor Freight. Daily traffic counts exceed 25,000 vehicles, a number projected to double within the next decade. The property's zoning (HB/RD) permits a variety of commercial uses, making it suitable for a strip mall, self-storage facility, restaurant, or other highway-oriented businesses. Access is available from all sides, including a paved road leading to the rear. The property is comprised of three contiguous lots, each approximately 0.61 acres, and is offered for sale as a whole for $199,977. The property's location provides convenient access to major highways including US 29, 158, 87, 65, and Highway 14. Parcel number is 175684. This prime location and high traffic volume make this a truly valuable property with significant development potential. Don't miss this chance to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 1.84 ac (80,150 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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