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Property profile & analytics
OFF-MARKET
Land

0 Us-158 Reidsville, NC 27320

50.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 50.01-acre commercial land parcel in Reidsville, North Carolina, presents a unique development opportunity. Boasting over 2700 feet of road frontage on US Highway 158, this property offers unparalleled visibility and accessibility. Currently undergoing grading by an NCDOT contractor, the site will soon feature a prepared 3-acre pad, ready for immediate development. Discussions with the City of Reidsville (as of November 23, 2023) indicate a positive outlook for annexation and rezoning, facilitating streamlined development processes. City utilities are readily available via Lawsonville Avenue, located directly behind the property. The property's proximity to Highway 29 (less than a quarter mile) further enhances its strategic location and accessibility. This expansive parcel is ideal for a large commercial outparcel, apartment complex, or other significant development projects. The ongoing highway overpass upgrades to interstate standards will significantly improve traffic flow and accessibility to the site. This is a rare opportunity to acquire a substantial, well-positioned tract of land poised for significant growth and return. Asking price is $1,500,000.

Property profile
Verified
Property type Land
Lot 50.01 ac (2,178,436 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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