0 Freeway Dr Reidsville, NC 27320
This exceptional 11.91-acre commercial land parcel presents a unique development opportunity in Reidsville, North Carolina. Located off Highway Business 29 (Freeway Dr.), this vacant property boasts a substantial 518,800 square feet and is zoned for a variety of commercial uses, including retail, multifamily, and office space. Its strategic location offers excellent visibility and accessibility, making it ideal for a wide range of commercial ventures. The property is conveniently situated just 0.7 miles north of Tractor Supply Co. and 1 mile south of Food Lion, ensuring high traffic and customer visibility. Furthermore, its proximity to downtown Greensboro (approximately 30 minutes away) provides easy access to a larger metropolitan area and its associated amenities and workforce. This expansive tract is ready for immediate development, presenting a significant investment opportunity for developers and businesses seeking a prime location in a growing market. The property is currently vacant, allowing for complete design flexibility and immediate construction commencement. This is a rare opportunity to acquire a large, strategically located parcel in a thriving area of North Carolina. The asking price for this exceptional property is $500,000.
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
Similar Nearby for Lease
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.