227 Scales St Reidsville, NC 27320
Property profile & analytics
227 Scales St Reidsville, NC 27320
- Retail space
- 13,524 SF
- 0.24 lot acres
Property ID
US53-5271963
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 227 Scales St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.24 lot acres
- Property size
- 13,524 SF
- Zone code
- CENTRAL BUSINESS REIDS
- Property type
- Retail space
- APN
- 8905-18-40-5326-00
- APU
- 89051840532600
Description
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 area, accessible via a separate rear entrance. This dual-access feature allows for potential expansion or the operation of two distinct businesses. The lower level offers significant additional commercial space. Adding to the property's appeal is a separate, finished 1,700-square-foot apartment currently under lease, generating additional income. The property's versatility makes it suitable for a wide range of uses, including warehouse space, a consignment or vendor store, a furniture showroom, or other retail ventures. The asking price is $374,900, with the seller open to leasing the property for $2,900 per month. This is a rare chance to acquire a substantial and well-located commercial property in a thriving downtown area.
Value Estimations
based on Realmo’s proprietary methodology
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Reidsville
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.6638
- Latitude
- 36.3593
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,996
$38,275
$199,021
$237,296
-
$38,275
$199,021
$237,296
