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Property profile & analytics
OFF-MARKET
Specialty properties

1108 Fwy Dr Reidsville, NC 27320-7100

2,040 SF 1.28 ac lot Built 1983
Entity Owned 1-yr Hold Free & Clear
Property ID
US53-1241929
Property summary
AI-generated overview

This exceptional medical office building, formerly a small animal hospital, presents a turnkey opportunity for medical professionals in Reidsville, North Carolina. Located at 1108 Freeway Dr., this property boasts a highly visible location at the intersection of Freeway and Lawndale Drive, ensuring significant traffic exposure. The building is situated on a large lot, offering ample space for expansion, such as the addition of outdoor amenities. The interior is ready for immediate occupancy, eliminating the need for extensive renovations. The building features two central air and heat pump systems, an electric water heater, and is built on a concrete slab. The roof is approximately 15+ years old. City water and sewer services are readily available. This convenient location provides easy access to nearby cities including Eden, Danville, and Greensboro. While ideally suited for veterinary or other medical practices, the versatile space presents opportunities for a variety of businesses. The asking price is $435,000. This property offers a compelling investment opportunity with significant potential for growth and return. The building's size and location make it an attractive option for both established practices seeking expansion and new ventures looking for a ready-made space.

Property profile
Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,040 SF
Lot 1.28 ac (55,757 SF)
Zoning code HWY BUS REIDSVILLE
APN 7993-12-86-4857-00
UPID US53-1241929
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hill Land Holdings LLC · 1 yrs held
Hill Land Holdings LLC
since 2025
Last sale
$400,000
2 recorded transactions
2025
$400,000
2006
Price N/A
Zoning & alternative use
HWY BUS REIDSVILLE · Reidsville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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