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Investment Highlights

  • Established Location: Situated within a mature area of Reidsville, surrounded by existing residential neighborhoods and community infrastructure.
  • Commuter Accessibility: Located within convenient commuting distance to Greensboro.
  • Flexible Site Design: Rolling topography supports thoughtful residential layout.
  • Directly adjacent to Jaycee Park and Greenway Trail, Reidsville Senior High School, Reidsville Middle School, Pennrose Park Country Club, and more.
  • Development-Ready Infrastructure: Public water and sewer available at the site.
  • Scale & Flexibility: Supports a range of residential product types and development strategies.

Executive Summary

1847 S. Park Drive presents a ±44.09-acre residential development opportunity with Conditional Use CZ R-12 zoning, supporting a thoughtfully planned residential community within an established area of Reidsville.
The property is designated Area 3 – Suburban within the City’s future land use framework, reinforcing its suitability for residential development. Public water and sewer are available at the site, significantly reducing upfront infrastructure requirements and enhancing development feasibility.
The site’s rolling topography offers the potential for a more dynamic and thoughtfully designed residential layout, with opportunities to incorporate natural features into the overall development plan.
Surrounded by existing neighborhoods and in close proximity to schools, parks, and recreational amenities, the property offers a compelling setting for residential development.
Reidsville’s proximity to Greensboro further enhances the site’s appeal, offering convenient commuter access to one of the region’s primary employment and economic centers.
A comprehensive due diligence package - including a utility plan, current survey, traffic study, soil analysis, and detailed concept plans - is available to qualified buyers upon request, allowing for an efficient evaluation of the opportunity.
Its size and configuration provide flexibility for a range of residential product types, allowing a developer to align the project with current market demand while leveraging the site’s strong location fundamentals. Existing zoning allows for the development of an approved townhome subdivision, by-right.

Attachments

Brochure

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 44.00 AC
Zoning R-12 - Conditional Use - R-12 (CZ R-12)

1 Lot Available

Lot

Lot Size 44.00 AC

±44.09-acre residential development opportunity with Conditional Use CZ R-12 zoning, supporting a thoughtfully planned residential community within an established area of Reidsville.

Description

±44.09-acre residential development opportunity with Conditional Use CZ R-12 zoning, supporting a thoughtfully planned residential community within an established area of Reidsville. The property is designated Area 3 – Suburban within the City’s future land use framework, reinforcing its suitability for residential development. Public water and sewer are available at the site, significantly reducing upfront infrastructure requirements and enhancing development feasibility.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
173833
Land Assessment
$618,734 CAD
Improvements Assessment
$3,591 CAD
Total Assessment
$622,325 CAD
  • Listing ID: 39975991

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 1847 S Park Dr, Reidsville, NC 27320

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