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    Hastings Rd Kernersville, NC 27284

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    For Sale
    $1,399,200

    Cleared land suitable for residential or multi-family development.

    Lot size:
    25.44 Acres

    Property Features for Hastings Rd

    General Information

    Lot size
    25.44 Acres

    Source: Freeman Commercial Real Estate Agent Lee Chewning

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Ready Land in Kernersville

    This cleared land is development ready and located in the Union Cross District. It is a favorable site for residential or multi-family development. Utilities are accessible and on-site. The location features growing residential and commercial development with strong traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.116168
    Latitude
    36.033772

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    FAQs

    What type of property is this?
    Land - Cleared land suitable for residential or multi-family development.
    Where is this land located?
    The property is located at Hastings Rd Kernersville, NC.
    What is the asking price?
    The asking price for this property is $1,399,200.
    What are key features of this property?
    This property features: - Development ready in Union Cross District; - Favorable residential/multi-family site; - Accessible and on-site utilities
    (336) 655-8063
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    Hastings Rd Kernersville, NC 27284
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    Kernersville, NC 27284
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hastings Rd Kernersville, NC 27284
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