00 Linville Dr Reidsville, NC 27320
This exceptional 9.23-acre parcel presents a remarkable investment opportunity in the rapidly expanding city of Reidsville, North Carolina. Located at 00 Linville Drive, this property boasts convenient access to shopping, highways, and essential amenities. The land is zoned for mixed use, offering flexibility for a variety of development projects. A portion of the acreage falls under R-12 zoning, while another section is designated for single-family residential development. The availability of water and sewer services significantly enhances the development potential. This prime location near a fast-growing area makes it ideal for various projects, including a senior living community offering diverse levels of care, or a mixed-use development featuring both townhomes and single-family residences. The asking price is $284,000, translating to approximately $10,996.75 per acre. This represents a compelling value in a thriving market, making it an attractive proposition for discerning investors and developers seeking a strategic foothold in a dynamic North Carolina community. The property's address is 00 Linville Drive, Reidsville, NC 27320, situated in Rockingham County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.