Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kernersville Office Space For Rent Title is generated by Realmo AI

    860 Salisbury St, Kernersville, NC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Updated office unit in a brick building, approximately 820 sqft.

    Type:OFFICE
    Property size:
    820 SF
    Lot size:
    1.99 Acres
    Price / SF:
    $2,432/SF
    Added:
    May 21, 2025
    Days on Market:
    366
    Last Refresh:
    Apr 5 at 8:37 pm

    Property Features for 860 Salisbury St

    General Information

    Standard status
    Active
    Size
    820 SF
    Lot size
    1.99 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Mark Lindsay, CCIM

    Listing agent Mark Lindsay, CCIM

    Listing office Lindsay Commercial Properties

    Listing date May 21, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lindsay Commercial Properties

    HighLights

    • Updated office unit in a desirable Kernersville location.
    • Includes an executive office with a private full bath.
    • Landlord covers water, sewer, gas, and trash expenses.
    • Features a large entry/reception or waiting area.
    • Two bathrooms (one full) are included within the unit.
    • Approximately 820 sqft of office space.

    Overview

    This is an updated single office unit available for rent, situated within a brick office building. The property is located in the Kernersville area. The unit offers approximately 820 square feet of space. The layout includes one executive office with a full bath, a second office, and two bathrooms, one of which is a full bath. There is also a large entry way that could serve as a reception or waiting area. The landlord covers the costs for water, sewer, gas, and trash services. The tenant is responsible for electric and operating expenses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Angel Works Pediatric ... Counselor Callinz Group Tax Preparation Kevin Patton Consultant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.0784
    Latitude
    36.1089

    Nearby Similar for Sale

    • $249,000

      Kernersville Land with Approved Permit

      5.182 acre land with permit for wedding venue.
      9417 Pumpkin Ridge Road, Kernersville, NC 27284
      View Details
    • $2,895,000
      3,093 SF

      Prime Retail Location For Sale

      Excellent retail location in Kernersville, NC with flexible options.
      1458 Jag Branch Blvd, Kernersville, NC
      View Details
    • $860,000
      7,000 SF

      Mixed-Use Property in Kernersville, NC

      Two mixed-use buildings totaling 7,000 SF in Kernersville.
      309 Pineview Dr, Kernersville, NC 27284
      View Details
    • Contact for pricing
      12,600 SF

      Retail Shoppes at Main Street

      Modern retail center anchored by Lowes Foods.
      794 S Main St, Kernersville, NC
      View Details
    • Contact for pricing
      4,200 SF

      Heartland Dental Investment Opportunity

      Recently constructed Heartland Dental in Kernersville, NC for sale.
      1472 Jag Branch Blvd, Kernersville, NC
      View Details
    • Contact for pricing
      5,889 SF

      Endoscopy Centers Portfolio for Sale

      Two North Carolina endoscopy centers available for purchase.
      280 Broad St, Kernersville, NC 27284
      View Details
    • $1,400,000
      18,600 SF

      Self-Storage Facility in Kernersville, NC

      178-unit self-storage facility available for sale in Kernersville.
      214 Trent St, Kernersville, NC 27284
      View Details
    • $249,000

      Wedding and Event Space Opportunity

      Approved venue or bona fide farm, secluded yet accessible location.
      9417 Pumpkin Ridge Road, Kernersville, NC 27284
      View Details
    • $995,000
      4,701 SF

      Kernersville Office Park Portfolio

      Office suites in Linville Professional Office Center for sale.
      900 Old Winston Rd Unit 222, Kernersville, NC 27284
      View Details

    FAQs

    What type of property is this?
    Office units - Updated office unit in a brick building, approximately 820 sqft.
    Where is this office units located?
    The property is located at 860 Salisbury St Kernersville, NC.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Updated office unit in a desirable Kernersville location.; Includes an executive office with a private full bath.; Landlord covers water, sewer, gas, and trash expenses.
    (336) 692-5612 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark Lindsay, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    860 Salisbury St, Kernersville, NC
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!