Property profile

1529 Fwy Dr Reidsville, NC 27320

OFF-MARKET
Turn key restaurants
Property ID
US53-0933085
6,518 SF 1.19 ac lot Built 1998
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,518 SF
Lot 1.19 ac (51,836 SF)
Zoning code HWY BUS RD COND USE
APN 7994-15-52-6632-00
UPID US53-0933085

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1529 Fwy Dr Reidsville, NC 27320-7106
Reidsville metro Census 41502 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2013
3 recorded transactions
2013
$900,000
2004
Price N/A
1969
Price N/A

Zoning & alternative use

HWY BUS RD COND USE · Reidsville, NC
Top alternative use upside
Office building $805,000 +33.5%
Medical building $710,000 +18.3%
Auto repair, garage $605,000 +0.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1529 Fwy Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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