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Property profile & analytics
OFF-MARKET
Land

0 Freeway Dr Reidsville, NC 27320

2.02 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.02 ac (87,991 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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