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    Property profile & analytics

    Freeway Dr Reidsville, NC 27320

    • Land
    • 2.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Freeway Dr

    Lot size
    2.02 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.6837
    Latitude
    36.3629

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      & NC 87 Sandy Cross Rd

      Land • 2.00 Acres
      & NC 87 Sandy Cross Rd, Reidsville, NC 27320
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    • Value Estimation by Request
      1.62 Acres

      Richardson Dr

      Land • 1.62 Acres
      0 Richardson Dr, Reidsville, NC 27320
      View Details
    • Value Estimation by Request
      8.38 Acres

      Freeway Dr

      Land • 8.38 Acres
      0 Freeway Dr, Reidsville, NC 27320
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    • Value Estimation by Request
      11.91 Acres

      Freeway Dr

      Multifamily properties • 518,800 SF
      0 Freeway Dr, Reidsville, NC 27320
      View Details
    • Value Estimation by Request
      100.42 Acres

      Morehead St

      Land • 100.42 Acres
      0 Morehead St, Reidsville, NC 27320
      View Details
    • Value Estimation by Request
      50.01 Acres

      Us-158

      Land • 50.01 Acres
      0 Us-158, Reidsville, NC 27320
      View Details

    Similar Nearby for Sale

    • $500,000
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      Reidsville, NC Commercial Land

      11.91 Acres, Ready to Develop, Prime Location
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    • $199,977
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      Reidsville Commercial Land - 1.84 Acres

      High-traffic Reidsville land, ideal for development.
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    • $2,500,000
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      Reidsville Commercial Land - 100 Acres

      Prime Reidsville development land, 100+ acres.
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    • $1,500,000
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      Reidsville, NC: 50-Acre Mixed-Use Land

      Prime 50-acre tract, ideal for development. High visibility, excellent access.
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    • $1,500,000
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      Prime Reidsville Commercial Land

      50 Acres, High Visibility, Development Ready
      0 Us-158, Reidsville, NC 27320
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    • $240,000
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      Prime Commercial Land in Reidsville, NC

      2-Acre Commercial Lot, High Visibility
      & NC 87 Sandy Cross Rd, Reidsville, NC 27320
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    Similar Nearby for Lease

    • $614,650

      Prime Commercial Land for Lease

      1.25 acre parcel with high visibility and access.
      1920 Vance St, Reidsville, NC 27320
      View Details
    • $1,350 /Mo
      2,700 SF

      Reidsville Retail/Warehouse Space Available

      2,700 SF retail/warehouse space for lease in Reidsville, NC.
      1641 Freeway Dr, Reidsville, NC 27320
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    • Contact for pricing
      32,390 SF

      Prime Reidsville Executive Office Space

      Class A Office Suites, 1,028-2,100 SF
      1417 Freeway Dr, Reidsville, NC 27320
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    • $600 /Mo

      Reidsville Apartment for Rent

      One-bedroom, one-bath apartment available for rent in Reidsville.
      119 Franklin St, Reidsville, NC 27320
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    • Contact for pricing

      Reidsville Office Space For Lease

      Recently renovated office space available in Reidsville, North Carolina.
      1311 Freeway Dr, Reidsville, NC 27320
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    • $7 SF/Yr
      7,800 SF

      Reidsville Flex Building For Rent

      7,800 SF flex building with warehouse and office space.
      638 Tamco Rd, Reidsville, NC 27320
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    Freeway Dr
    Reidsville, NC 27320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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