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$429,000
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Property Description
Discover an exceptional brick-and-mortar commercial investment WITH NEW ROOF offering excellent visibility & long-term market value. Upon entry, a foyer with a 1/2 bath efficiently divides the building into 2 substantial sections; LEFT- Features a spacious reception area, 2 private offices, a full bathroom & access to the entire upstairs level. RIGHT- Comprises 3 large office spaces & conference room. Key Investment Highlights- FULLY LEASED: Enjoy immediate rental income with the building currently operating at 100% occupancy. STRATEGIC LOCATION: Benefit from a highly visible location that ensures sustained market value. VERSATILE LAYOUT: The thoughtfully designed interior offers flexible spaces suitable for a variety of businesses. This is an outstanding opportunity for investors seeking a stable and lucrative commercial asset.
Full Property Details
Full Property Details for 1315 Freeway Dr.
General
- Price: $429,000
- Status: Active
- Type: Office
- Source: Triad_MLS
- MLS ID: 1186999
- Updated: 10/30/2025
- Added to Site: 193 day(s) ago
Business
- Business Type: Professional/Office
Location
- County: Rockingham
- Driving Directions: hwy 29 , left of Bus 29/freeway, property on left
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1986
Lot Features
- Lot Dimensions: 100 x 400 x 100400
- Lot Features: City Lot, Cleared
Financial Considerations
- Terms: Cash, Conventional
- Pays ReTax: Owner
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by River Lake Homes LLC
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Schools
Schools serving 1315 Freeway Dr.
School District:Rockingham County Schools
| Name | Grades | Distance |
|---|---|---|
Reidsville High 1901 South Park Drive, Reidsville, NC 27320 | 9-12 | 0.9 mi |
South End Elementary 1307 South Park Drive, Reidsville, NC 27320 | K-5 | 1.6 mi |
Reidsville Middle 1903 South Park Drive, Reidsville, NC 27320 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1315 Freeway Dr.
Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$429,000
-4.45%
MLS
7/07/2025
Listed
$449,000
89.45%
MLS
10/20/2020
Sold
$237,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1315 Freeway Dr.
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,048
—
$245,775
—
2024
$3,048
-8%
$245,775
6%
2023
$3,314
—
$231,086
—
2022
$3,314
—
$231,086
—
2021
$3,314
—
$231,086
—
2020
$3,314
—
$231,086
—
2019
$3,314
1%
$231,086
1%
2017
$3,295
—
$229,445
—
2016
$3,295
—
$229,445
—
2015
$3,295
3%
$229,445
—
2014
$3,206
—
$229,445
2%
2014
$3,206
2%
$225,548
—
2013
$3,139
—
$225,548
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1315 Freeway Dr.
1315 Freeway Drive, Reidsville, NC 27320 (MLS# 1186999) is a Office property with 0 bedrooms and 0 full bathrooms. 1315 Freeway Drive is currently listed for $429,000 and was received on July 07, 2025. Want to learn more about 1315 Freeway Drive? Do you have questions about finding other Office real estate for sale in Reidsville? You can browse all Reidsville real estate or contact a Coldwell Banker agent to request more information.

