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Property profile & analytics
FOR LEASE
Manufacturing properties

301 N Scales St Reidsville, NC 27320

52,975 SF 5.63 ac lot Built 1989
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US53-1870823
Property summary
AI-generated overview

This versatile Reidsville, NC property, the former Lucky Strike Facility, offers a unique opportunity for various businesses. Currently, 16,000 contiguous square feet of upscale office space is available, ideal for traditional office use, executive suites, research and development, or flexible workspace configurations. The second floor boasts a pre-installed raised floor system, making it particularly suitable for data center or R&D operations. Beyond the office space, additional warehouse, distribution, manufacturing, or industrial space may be available within the larger facility, along with potential outdoor storage areas. The property features multiple tenants, including third-party logistics (3PL) firms. Ample surface-level parking is conveniently located across North Scales Street. Enjoy the benefits of a prime location within walking distance of downtown Reidsville's dining and shopping options. Benefit from easy access to major transportation arteries, including future I-785 (US 29), I-73, and I-840 (Greensboro Urban Loop). The property is strategically positioned: 35 minutes from the Greensboro airport (GSO), 80 minutes from Raleigh-Durham airport (RDU), 110 minutes from Charlotte airport (CLT), and 20 minutes from the county-owned Shiloh airport (with FBO services). A 30-minute commute to downtown Danville, VA, adds to its regional accessibility. The property is located at 301 N Scales St, Reidsville, NC 27320, in Rockingham County. Elevators are available on-site.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 52,975 SF
Lot 5.63 ac (245,243 SF)
Zoning code HVY INDUSTRIAL REIDSVILLE
APN 8905-18-41-3944-00
UPID US53-1870823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.68M
CAP Approach CAP
$5.04M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.24M
Owner & transaction history
Talon B LLC · 4 yrs held
Talon B LLC
since 2022
Last sale
$5.2M
1 recorded transaction
2022
$5.2M
Zoning & alternative use
HVY INDUSTRIAL REIDSVILLE · Reidsville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $8.2M +752.0%
Office building $6.5M +577.6%
Medical building $5.8M +500.3%
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More about this property
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