Entity Owned Property summary
This exceptional retail property, located at 231 S Scales Street in the heart of Reidsville, NC, presents a unique investment opportunity. Situated adjacent to the bustling Market Square, this three-level building offers over 5,000 square feet of adaptable space, perfect for a variety of commercial uses. The property boasts convenient east access and ground-level entry points from both the front and rear, ensuring easy accessibility for customers and staff. Currently occupied under a… month-to-month lease, this provides immediate income potential or the flexibility to occupy the space yourself. The interior layout is highly functional, featuring multiple restrooms, ample storage rooms, dedicated office spaces, and expansive open areas that can be configured to suit diverse business needs. The building's prime location in the vibrant downtown area offers high visibility and foot traffic, making it an ideal space for a retail business seeking a strong presence in the community. The asking price is $199,900. This is a rare chance to acquire a substantial commercial property in a thriving downtown setting. Schedule a viewing today to explore the possibilities.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,704 SF
- Lot area
- 0.09 ac
- Year built
- 1927
- Stories
- 1
- APN
- 8905-18-40-5341-00
- Zoning
- CENTRAL BUSINESS REIDS
- Assessed value · 2023
- $74,544
- Annual tax · 2023
- $1,255
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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