1108 Freeway DrReidsville, NC 27320

For Sale
$435,000 View listing
  • Specialty properties
  • 2,040 SF

Property Details for 1108 Freeway Dr

Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.28 AC
Property size (Sq ft)
2,040 SF
Zone code
HWY BUS REIDSVILLE
Property type
Specialty properties
APN
7993-12-86-4857-00
APU
79931286485700

Description

This exceptional medical office building, formerly a small animal hospital, presents a turnkey opportunity for medical professionals in Reidsville, North Carolina. Located at 1108 Freeway Dr., this property boasts a highly visible location at the intersection of Freeway and Lawndale Drive, ensuring significant traffic exposure. The building is situated on a large lot, offering ample space for expansion, such as the addition of outdoor amenities. The interior is ready for immediate occupancy, eliminating the need for extensive renovations. The building features two central air and heat pump systems, an electric water heater, and is built on a concrete slab. The roof is approximately 15+ years old. City water and sewer services are readily available. This convenient location provides easy access to nearby cities including Eden, Danville, and Greensboro. While ideally suited for veterinary or other medical practices, the versatile space presents opportunities for a variety of businesses. The asking price is $435,000. This property offers a compelling investment opportunity with significant potential for growth and return. The building's size and location make it an attractive option for both established practices seeking expansion and new ventures looking for a ready-made space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $256,179
    Hospitality
    $234,658
    Educational
    $195,233
    Medical
    $201,947
    Retail
    $303,696
1108 Freeway Dr, Reidsville, North Carolina

Location Insight

City
Reidsville
County
Rockingham
State
North Carolina
Latitude
36.3222
Longitude
-79.6841
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
$4,498
$135,500
$178,136
$313,636
-
$135,500
$178,136
$313,636

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