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Financial
Distress signals
Property profile

227 S Scales St Reidsville, NC 27320

FOR SALE
Retail space
Property ID
US53-5271963
13,524 SF 0.24 ac lot Built 1920
Last sale Dec 2020 · $235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional downtown Reidsville retail property at 227 Scales Street presents a unique investment opportunity. The building offers approximately 18,000 square feet of adaptable space, less than a block from the Farmers Market, providing excellent visibility and foot traffic. The main area comprises a substantial 6,000-square-foot open space with impressive two-story ceilings, perfect for a variety of retail concepts. A hidden grand staircase leads to a mezzanine level and a large lower…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$237k
Assessed land$38k
Assessed improvement$199k
Effective rate1.68%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$275k
NOI build-up
Gross scheduled income$330k
Vacancy & credit loss−$21k
Operating expenses−$93k
NOI · 65.80% cap applied$216k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$31 – $129

Cap rate analysis

How does the asset earn?
65.80%
$216k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CENTRAL BUSINESS REIDS
JurisdictionROCKINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.5
Kitchen & Bath10.6
Electrical Service10.6

Location

227 S Scales St Reidsville, NC 27320
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8293 Nc Hwy 87, Reidsville, NC 27320 $1,000,000 Apr 2025 8,000 SF
812 Scales, Reidsville, NC 27320 $200,000 Dec 2024 10,080 SF
1550 Fwy, Reidsville, NC 27320-7149 $2,800,000 Nov 2024 16,560 SF
1105 Scales, Reidsville, NC 27320-5628 $1,275,000 Sep 2024 8,400 SF
1547 Fwy, Reidsville, NC 27320-7106 $728,000 Feb 2024 6,000 SF
1401 Scales, Reidsville, NC 27320-5634 $250,000 Feb 2024 5,724 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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