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    Property profile & analytics

    1550 Fwy Dr Reidsville, NC 27320-7149

    • Retail space
    • 16,560 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Nov 06, 2024
    Location Intelligence
    Property ID
    US53-2295686
    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

    • Todds Affordable Furniture of Reidsville / Furniture Store

    Property Details for 1550 Fwy Dr

    Year built
    1990
    Lot size
    1.38 lot acres
    Property size
    16,560 SF
    Zone code
    HWY BUS REIDSVILLE
    Property type
    Retail space
    APN
    7994-15-63-0663-00
    APU
    79941563066300

    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
    -79.6924
    Latitude
    36.3407
    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
    $6,409
    $219,000
    $227,900
    $446,900
    -
    $219,000
    $227,900
    $446,900

    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
      18,691 SF

      6830 Us 29th Bus

      RETAIL STORES (PERSONAL SERVICES) • 18,691 SF
      6830 Us 29th Bus, Reidsville, NC 27320-8932
      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

    Similar Nearby for Sale

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      Prime location, versatile space, great potential.
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    Similar Nearby for Lease

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      2,700 SF retail/warehouse space for lease in Reidsville, NC.
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      Class A Office Suites, 1,028-2,100 SF
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    • $600 /Mo

      Reidsville Apartment for Rent

      One-bedroom, one-bath apartment available for rent in Reidsville.
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      Reidsville Office Space For Lease

      Recently renovated office space available in Reidsville, North Carolina.
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      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
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    Reidsville, NC 27320-7149
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    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
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