Us Highway 158 Reidsville, NC 27320
- Commercial real estate
- 50.01 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Us Highway 158
- Lot size
- 50.01 lot acres
- Property type
- Commercial real estate
Description
This exceptional 50.01-acre parcel presents a significant commercial development opportunity in Reidsville, NC. Boasting over 2700 feet of road frontage along US Highway 158, this property offers unparalleled visibility and accessibility. Currently undergoing partial clearing by a North Carolina Department of Transportation (NCDOT) contractor for an overpass project, this will result in approximately 2.85 acres of level, at-grade land, significantly reducing site preparation costs. The property's potential uses are diverse, ranging from large-scale commercial or retail development to multi-family residential projects. City of Reidsville utilities are readily available via Lawsonville Avenue, and additional water and sewer options are under consideration. The asking price reflects the current state of the land, acknowledging the grading already completed by the NCDOT. This prime location offers a unique chance to capitalize on a significant infrastructure improvement and create a thriving commercial development. The substantial acreage and high visibility make this an exceptional investment for developers seeking a high-impact project in a growing area. The existing partial clearing significantly reduces the initial development costs, making this a compelling opportunity for immediate action. Don't miss this chance to acquire a large, strategically located parcel with significant development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reidsville
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.5236
- Latitude
- 36.3992
