0 Freeway Dr Reidsville, NC 27320
This exceptional 2.02-acre commercial land parcel presents a prime opportunity for build-to-suit development in Reidsville, North Carolina. Located on Freeway Drive (Hwy 29), this property boasts 165 feet of road frontage at a signalized intersection, ensuring high visibility and accessibility. The site is zoned HB-Highway Business, allowing for a variety of commercial uses. Utilities are readily available, including curb/gutter, sidewalks, electricity, gas, sewer, and water. Traffic counts from 2018 data indicate significant vehicular traffic flow, with 14,706 vehicles daily on Freeway Dr & Richardson Dr and 14,820 vehicles daily on Freeway Dr & Vance St. This outparcel is ideal for businesses seeking a high-traffic location with excellent visibility. The property is offered for sale or lease, providing flexibility for potential buyers or tenants. The location in Rockingham County, North Carolina, and its proximity to major roadways, makes this an attractive investment opportunity. The asking price is $299,000. Don't miss this chance to secure a prominent location for your next commercial venture.
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.