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Freeway Dr
Reidsville, NC 27320
2.02 Acres Commercial Land - Highway 29 · Land For Sale
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2.02 AC
Investment Highlights
- ±2.02-acre commercial outparcel with flexible sale or lease options.
- Zoned HB-Highway Business, supporting multiple commercial uses.
- Traffic count of 9,317 vehicles (2022) provides high visibility and strong customer capture.
- Located at a signalized intersection with 165 feet of highway frontage on Freeway Drive/Hwy 29.
- Fully serviced with curb/gutter, electricity, gas, sewer, and water in place.
- Positioned near major brands including Dollar General, NAPA Auto Parts, Lowe’s Foods, and Pizza Hut.
Executive Summary
The parcel is fully serviced with key utilities, including electricity, gas, sewer, and water, and includes curb, gutter, and sidewalks for ease of development. Zoned HB (Highway Business), this property supports a wide range of retail, service, and commercial uses, making it suitable for diverse business models seeking exposure on a major traffic corridor.
Priced at $449,000, this site combines affordability and long-term growth opportunity within a thriving corridor that continues to attract national brands. Positioned near major retailers and regional transportation routes, it offers a compelling choice for investors prioritizing visibility and strong fundamentals.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 2.02 AC |
| Zoning | HB - Highway Business | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.02 AC |
| Zoning | HB - Highway Business |
1 Lot Available
Lot
| Price | $632,408 CAD | Lot Size | 2.02 AC |
| Price Per AC | $313,073.04 CAD |
| Price | $632,408 CAD |
| Price Per AC | $313,073.04 CAD |
| Lot Size | 2.02 AC |
The ±2.02-acre outparcel along Freeway Drive is available for lease as a ground lease or build-to-suit arrangement.
Description
The ±2.02-acre outparcel along Freeway Drive is available for lease as a ground lease or build-to-suit arrangement. This flexibility provides an ideal platform for tenants looking to establish a custom-built location on a high-traffic highway corridor. The property includes utilities and infrastructure improvements—curb/gutter, sidewalks, and all primary services—which significantly reduce development time and enhance project feasibility. Located at a signalized intersection with direct exposure to an average daily traffic count of 9,317 vehicles (2022), the site ensures excellent brand visibility and accessibility. Suitable for a wide range of retail and service concepts, this offering positions tenants in proximity to regional retailers and commuter traffic along Highway 29.
Property Taxes
| Parcel Number | 176453 | Improvements Assessment | $0 CAD |
| Land Assessment | $286,484 CAD | Total Assessment | $286,484 CAD |
Property Taxes
