Property profile

829 Scales St Reidsville, NC 27320

OFF-MARKET
Medical Office Space
Property ID
US53-1096314
2,442 SF 0.3 ac lot Built 1971
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This well-located medical office building in Reidsville, NC, presents a unique investment opportunity. Priced at $225,000, the property is situated across the street from Cone Health Physical Therapy, offering high visibility and convenient access for patients. The building features four exam rooms, providing ample space for patient consultations and examinations. Two comfortable waiting areas ensure patient comfort and efficient flow. Four dedicated labs support a wide range of medical procedures and testing. Three private offices offer space for administrative staff or specialists, while a conference room facilitates meetings and collaborative work. Three half-baths are conveniently located throughout the building. Additional features include a shower in a separate room near the back door, ideal for staff or patient convenience, and a small storage area for supplies and equipment. The property is being sold "as is," allowing for potential renovations and customization to suit the buyer's specific needs. The building offers ample parking, ensuring convenient access for patients and staff. This property is an excellent opportunity for medical professionals seeking a well-equipped and strategically located practice space. The "as is" condition allows for flexibility in renovations and upgrades. The location, across from a well-established physical therapy practice, offers significant potential for synergy and patient referrals.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Total area 2,442 SF
Lot 0.3 ac (13,260 SF)
Zoning code GEN BUS REIDSVILLE
APN 8904-10-46-2743-00
UPID US53-1096314

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Medical Clinic

Location

829 Scales St Reidsville, NC 27320-5331
Reidsville metro Census 41400 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2025
Last sale
$185,000
2 recorded transactions
2025
$185,000
2023
$200,000

Zoning & alternative use

GEN BUS REIDSVILLE · Reidsville, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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