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301 S.W. Market St 17,300 SF 100% Leased Retail Building Reidsville, NC 27320 $400,000 ($23.12/SF)
EXECUTIVE SUMMARY
Approximately 17,300 sq. ft. of flex/commercial space available for sale. Please contact NexGen Management Co. at 336-841-8800 with any inquiries!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$27,804
|
$1.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$27,804
|
$1.61
|
| Taxes |
$1,319
|
$0.08
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,319
|
$0.08
|
| Net Operating Income |
$26,485
|
$1.53
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $27,804 |
| Annual Per SF | $1.61 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $27,804 |
| Annual Per SF | $1.61 |
| Taxes | |
|---|---|
| Annual | $1,319 |
| Annual Per SF | $0.08 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,319 |
| Annual Per SF | $0.08 |
| Net Operating Income | |
|---|---|
| Annual | $26,485 |
| Annual Per SF | $1.53 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
17,300 SF
Building Class
C
Year Built
1870
Price
$400,000
Price Per SF
$23.12
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.48
Lot Size
0.16 AC
Zoning
CB/RD - Commercial Business/Residential District
Parking
5 Spaces (0.29 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 150080 | Total Assessment | $88,529 (2025) |
| Land Assessment | $39,391 (2025) | Annual Taxes | $1,319 ($0.08/SF) |
| Improvements Assessment | $49,138 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
150080
Land Assessment
$39,391 (2025)
Improvements Assessment
$49,138 (2025)
Total Assessment
$88,529 (2025)
Annual Taxes
$1,319 ($0.08/SF)
Tax Year
2024
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NexGen Management Co.
301 S.W. Market St
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