Freeway Dr Reidsville, NC 27320
This exceptional 11.91-acre parcel presents a remarkable opportunity for retail or multi-family development in the thriving Reidsville, NC market. Strategically located at 0 Freeway Drive, this property boasts a prime position between established businesses such as Reidsville Nissan, Belmont Animal Hospital, and Tractor Supply Co., ensuring high visibility and convenient access for potential customers. The site's proximity to existing multi-family developments further underscores its suitability for a mixed-use project. The expansive acreage offers significant flexibility for developers seeking to create a substantial retail center or a large-scale multi-family community. This is a blank canvas ready for a visionary project to capitalize on the area's growth trajectory. The property is currently listed at $500,000, representing a compelling investment opportunity given its size, location, and development potential. Its location in Reidsville offers access to a growing population and a strong local economy. The absence of existing structures allows for complete design freedom and efficient construction. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. This is a rare chance to acquire a significant land holding in a desirable location with excellent potential for substantial returns. Don't miss this chance to shape the future of Reidsville's commercial landscape.
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.