1108 Fwy Dr Reidsville, NC 27320-7100
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
HWY BUS REIDSVILLE · Reidsville, NCReidsville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.