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0 Adams Rd, Reidsville, NC, 27320

--beds
--baths
0sqft
$1,500,000
--price/sqft
$9,419/moest. monthly cost
$376,760/yrincome needed

About This Home

37+/- acres with road frontage and access on the corner of Hwy 158/14 and Hwy 29. AMAZING opportunity for a developer, this is by far a great one to jump on. All of the upcoming changes & growth happening in Rockingham County this parcel is set to take advantage of that traffic. Already at a major exit ramp on the future interstate, this is a major route to Reidsville and Eden with lots of big box retailers setup just minutes away. Developers take note, you do not want to miss this one. This is a portion of a larger tax parcel and is being offered at $50,000 per acre. This would be a great location for a Cracker Barrel or any national chain looking for access and visibility on Highway 29.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

6/10
South End ElementaryGrades PK-52.6 mi
3/10
Reidsville MiddleGrades 6-83.8 mi
2/10
Reidsville HighGrades PK,9-123.5 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Retail

Property

Details

  • Parcel number: Portion of 179160
  • Special condition: Owner Sale

Features

  • Fencing: Partial
  • Residential vegetation: Partially Wooded

Lot

  • Lot size: 37 Acres
  • Features: Corner Lot,Multi Zones,Natural Land,Partially Cleared,Partially Wooded

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather

FEMA Declared Disasters in Rockingham County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$698$8,376
Property Taxes $937$11,244
Electricity $200$2,405
Total$9,419$113,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$322,937/yr
40% on housing$282,570/yr
45% on housing$251,173/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27320$145
Rockingham County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 27320$151
Rockingham County$156

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-02-27Listed for sale$1,500,000
2024-01-01Listing removed--
2023-01-25Listed for sale$1,500,000
2022-09-01Listing removed--
2022-05-05Listed for sale$1,500,000

For Sale by Agent

AgentLarry Story
BrokerageHoward Hanna Allen Tate - Greensboro

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