Property profile

618 Grooms Rd Reidsville, NC 27320

OFF-MARKET
Warehouses
Property ID
US53-1499834
20,800 SF 5.34 ac lot Built 2004
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2004
Total area 20,800 SF
Lot 5.34 ac (232,610 SF)
Zoning code HVY INDUSTRIAL REIDSVILLE
APN 8913-06-48-5548-00
UPID US53-1499834

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
  • Mill Factory
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

618 Grooms Rd Reidsville, NC 27320-8673
Reidsville metro Census 41300 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
$1.34M
Blend (final) Blend
$1.36M

Owner & transaction history

since 2008
2 recorded transactions
2022
Price N/A
2008
Price N/A

Zoning & alternative use

HVY INDUSTRIAL REIDSVILLE · Reidsville, NC
Top alternative use upside
Office building $1.8M +138.2%
Retail stores $1.6M +107.7%
Auto repair, garage $1.5M +101.9%

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
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