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    133 Main St Kernersville, NC 27284

    For Sale
    $260,000

    Prime Kernersville lot, 0.52 acres, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.52-acre commercial lot, located at 133 North Main Street in Kernersville, North Carolina (27284), presents a unique investment opportunity. Situated in the historic district, this property offers versatile development potential. The permitted CB zoning allows for a variety of uses, including retail, office, mixed-use developments, and even mid-rise condo projects. Apartment development requires separate Town approval. The approved impervious area is 10,528 square feet without retention, and the site conveniently benefits from two adjacent public parking lots, eliminating the need for on-site parking. A 15-foot Duke Power easement runs along the property's right side. Lot dimensions, as per the attached survey, are approximately 101' x 128' x 100' x 222'. Any improvements must adhere to fire code 3, and elevation approval from the planning department is required. The Forsyth County tax value is listed at $215,300. The legal description is LO:017D BL: 2101. This property's central location and flexible zoning make it an ideal investment for developers seeking a prime location in Kernersville's thriving historic district. The asking price is $260,000. APN: 6886340682000.

    Property Features for 133 Main St

    General Information

    Property type
    Land
    Lot Size
    22,651 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lucky 13 Trading, ... International Trade Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.073019
    Latitude
    36.1208979

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    FAQs

    What type of property is this?
    Land - Prime Kernersville lot, 0.52 acres, high potential.
    Where is this land located?
    The property is located at 133 Main St Kernersville, NC.
    What is the asking price?
    The asking price for this property is $260,000.
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    133 Main St 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
    133 Main St Kernersville, NC 27284
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