00 Freeway Dr Reidsville, NC 27320
- Investment properties
- 9.39 lot acres
Current Use by Public Records
- Investment properties
Property Details for 00 Freeway Dr
- Lot size
- 9.39 lot acres
- Property type
- Investment properties
Description
This exceptional 9.39-acre commercial investment opportunity in Reidsville, NC, presents significant potential for developers and investors. Located on Freeway Drive, the property boasts over 280 feet of road frontage, ensuring high visibility and accessibility. Its strategic location offers easy access to Highway 29, placing it within a 30-minute commute of both Danville, VA, and Greensboro, NC. The land is multi-zoned, currently encompassing Highway Business, conditional use Highway Business, and Residential/Agricultural designations, allowing for diverse development options. Some portions of the land are undergoing re-zoning, further enhancing its potential. The property is surrounded by established commercial developments, including a Goodwill store and a neighborhood shopping center anchored by a Lowes Foods, indicating a thriving commercial environment. Residential properties are situated to the north and west, providing a balanced mix of commercial and residential surroundings. Note that a permanent easement exists to the south, providing access to a family cemetery adjacent to the Goodwill store
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
- -79.6325
- Latitude
- 36.3131
