Vance Street Extension

~~PROPERTY FEATURES
7.76+/-  Acres
The property is inside the City Limits of Reidsville.
Water and sewer are on site (a plat is available showing the location of the sewer).
Zoning is R12RD (Medium Density Residential District)
Permitted Uses include condominiums, apartments, townhomes, duplexes & single-family detached homes. It also allows for family care homes (see restrictions in Reidsville development ordinance).
The maximum density for multi-family is 10.5 units per acre (81 units).
The property is mostly cleared with gently rolling topography. There is a stream on the southern portion of the property leading from an adjacent pond across the property from west to east. The location shown on any images in this offering are approximate. A stream delineation has not been performed.
Note: There is an easement adjacent to the property on a parcel owned by the same owner as the 7.76 acres. Please inquire about how this has the potential to be added, with certain changes to the layout of the easement. 
LOCATION
This property is located on the western side of Reidsville, one block from Freeway Drive (Business 29).
Within 1 mile of a grocery store, a pharmacy, national retailers and restaurants.
Within 2 miles of a hospital.
Major roads nearby include NC-65, US-158 & US-29.
Adjacent properties include single-family residences, apartments & commercial uses that back up to a portion of the site from Freeway Drive. There is manufacturing/industrial uses across Vance Street Extension. 
POTENTIAL USES
Single Family Development, Townhomes, Apartments or Senior Care Facility.

Property Details
Property Type Land: Commercial
Land: Multifamily Residential
Zoning R-12
Address 00 Vance Street Extension
Reidsville, NC 27320
County Guilford
For Sale/Lease Sale
City Water Yes
City Sewer Yes
Total Sales Price $315,000.00
Total Acres Available 7.76
Property Documents Brochure

Property Broker

Austin Hill

Contact: ahill@bipinc.com

Phone: 336 541-5510

Tim Knowles

Contact: tknowles@bipinc.com

Phone: 336.541.5508

Property Map

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