Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    114 Morehead St Reidsville, NC 27320-3852

    • Retail space
    • 7,708 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Jul 09, 2025
    Location Intelligence
    Property ID
    US53-2212830
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pelham Transportation Corporation / Bus Charter

    Property Details for 114 Morehead St

    Year built
    1941
    Lot size
    0.12 lot acres
    Property size
    7,708 SF
    Zone code
    CENTRAL BUSINESS REIDS
    Property type
    Retail space
    APN
    8905-18-41-4295-00
    APU
    89051841429500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.6639
    Latitude
    36.3618
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,551
    $25,222
    $185,652
    $210,874
    -
    $25,222
    $185,652
    $210,874

    Comparable in this City

    • Value Estimation by Request
      0.75 Acres

      Nc 87th Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.75 Acres
      Nc 87th Hwy, Reidsville, NC 27320
      View Details
    • Value Estimation by Request
      4,041 SF

      509 Harrison St

      RETAIL STORES (PERSONAL SERVICES) • 4,041 SF
      509 Harrison St, Reidsville, NC 27320-4619
      View Details
    • Value Estimation by Request
      1,474 SF

      512 Lawsonville Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,474 SF
      512 Lawsonville Ave, Reidsville, NC 27320-4732
      View Details
    • Value Estimation by Request
      403 SF

      208 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 403 SF
      208 Madison St, Reidsville, NC 27320
      View Details
    • Value Estimation by Request
      3,440 SF

      235 Market St

      RETAIL STORES (PERSONAL SERVICES) • 3,440 SF
      235 Market St, Reidsville, NC 27320-3821
      View Details
    • Value Estimation by Request
      2,976 SF

      209 Market St

      RETAIL STORES (PERSONAL SERVICES) • 2,976 SF
      209 Market St, Reidsville, NC 27320-3821
      View Details

    Similar Nearby for Sale

    • $250,000
      17,300 SF

      Reidsville Retail/Office Space Available

      17,300 SF retail/office space in downtown Reidsville, NC.
      301-305 SW Market St, Reidsville, NC 27320
      View Details
    • $899,000

      Prime Commercial Corner in Reidsville

      Commercial corner in Reidsville, NC, with redevelopment potential.
      524 S Scales St, Reidsville, NC 27320
      View Details
    • $199,900

      Downtown Reidsville Retail Space

      Prime location, versatile space, great potential.
      231 Scales St, Reidsville, NC 27320
      View Details
    • $500,000
      11.91 Acres

      Reidsville, NC Commercial Land

      11.91 Acres, Ready to Develop, Prime Location
      0 Freeway Dr, Reidsville, NC 27320
      View Details
    • $374,900

      Downtown Reidsville Retail Gem

      Huge space, prime location, lease option.
      227 Scales St, Reidsville, NC 27320
      View Details
    • $230,000

      Downtown Reidsville Mixed-Use Investment

      Mixed-use property with apartments and retail space in downtown Reidsville.
      105 Gilmer Street Ext, Reidsville, NC 27320
      View Details

    Similar Nearby for Lease

    • $1,350 /Mo
      2,700 SF

      Reidsville Retail/Warehouse Space Available

      2,700 SF retail/warehouse space for lease in Reidsville, NC.
      1641 Freeway Dr, Reidsville, NC 27320
      View Details
    • $614,650

      Prime Commercial Land for Lease

      1.25 acre parcel with high visibility and access.
      1920 Vance St, Reidsville, NC 27320
      View Details
    • Contact for pricing
      32,390 SF

      Prime Reidsville Executive Office Space

      Class A Office Suites, 1,028-2,100 SF
      1417 Freeway Dr, Reidsville, NC 27320
      View Details
    • $600 /Mo

      Reidsville Apartment for Rent

      One-bedroom, one-bath apartment available for rent in Reidsville.
      119 Franklin St, Reidsville, NC 27320
      View Details
    • Contact for pricing

      Reidsville Office Space For Lease

      Recently renovated office space available in Reidsville, North Carolina.
      1311 Freeway Dr, Reidsville, NC 27320
      View Details
    • Contact for pricing
      16,000 SF

      Former American Tobacco Facility Space

      Upscale office, data center, R&D, and industrial space available.
      301 N Scales St, Reidsville, NC 27320
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 Morehead St
    Reidsville, NC 27320-3852
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.