1428 Fwy Dr Reidsville, NC 27320-6035
Property profile & analytics
1428 Fwy Dr Reidsville, NC 27320-6035
- Retail space
- 6,208 SF
- 0.77 lot acres
Property ID
US53-0917197
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.
Location Intelligence
Current Use by Public Records
- Family Fitness of Reidsville / Gym & Fitness Center
- Tiger Force MMA / Gym & Fitness Center
Property Details for 1428 Fwy Dr
- Year built
- 1987
- Lot size
- 0.77 lot acres
- Property size
- 6,208 SF
- Zone code
- HWY BUS REIDSVILLE
- Property type
- Retail space
- APN
- 7994-19-60-4656-00
- APU
- 79941960465600
Description
This exceptional commercial property, situated at 1428 Freeway Drive in Reidsville, North Carolina, presents a unique investment opportunity. Conveniently located off US-29, this building boasts a substantial amount of versatile space ideal for a variety of uses. The main floor currently features a well-established gym setup, complete with a racquetball court, providing immediate income potential. In addition to the gym, there are currently vacant office and retail spaces available, offering significant flexibility for future tenants. The property also includes recently updated bathrooms equipped with lockers and showers, a valuable amenity for fitness-oriented businesses or other uses requiring such facilities. Upstairs, additional office and studio space provides further expansion opportunities or the potential for separate leasing arrangements. The building's layout and existing infrastructure offer a strong foundation for a variety of business ventures. The property's location off a major highway ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Reidsville market. The significant potential for rental income from both the existing gym and the vacant spaces makes this a compelling investment opportunity for those seeking a strong return on their investment. The property is priced at $745,000. The lot size is 0 acres. The square footage is not specified.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $708,000
- AI Estimate
- $705,000
Market price range: $195k - $801kMarket price range: $240k - $749k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $465,000 Current use
- OFFICE BUILDING
- $535,000 Change: +15% Conversion: Easy
- AUTO REPAIR, GARAGE
- $455,000 Change: -3% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reidsville
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.6909
- Latitude
- 36.3325
- 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
$4,589
$96,250
$223,780
$320,030
-
$96,250
$223,780
$320,030
