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    405 Main St Kernersville, NC 27284

    Sponsored
    For Sale
    $950,000

    Prime NC location, build-to-suit or sale.

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a prime location for a quick-service restaurant (QSR) or fast-food establishment at 405 N Main Street in Kernersville, North Carolina, zip code 27284. The property offers a flexible approach, allowing for either a build-to-suit development or a direct sale of the land. The site boasts a size ranging from 1,000 to 4,000 square feet, providing ample space for a variety of QSR concepts. Currently, the property is listed at $950,000. This is a single-tenancy property, ideal for an owner-operator or a franchisee seeking a strategic location in a growing market. The property is offered as a net-net-net (NNN) ground lease. Civil engineering and all necessary entitlements are currently in the final stages of completion. While preliminary site plans are available, it's important to note that these are preliminary and not yet approved. Interested parties are encouraged to inquire for the most up-to-date information regarding the project's progress and to discuss the specifics of this exciting opportunity in Forsyth County, North Carolina. The property's latitude and longitude coordinates are 36.125788 and -80.069996 respectively.

    Property Features for 405 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    1,000 SF

    HighLights

    • Exceptional investment opportunity for a QSR or fast‑food restaurant at 405 N Main Street, Kernersville, NC 27284.
    • Build‑to‑suit or land sale available; 1,000‑4,000 square feet.
    • Listed at $950,000; single‑tenancy, NNN ground lease.
    • Finalizing civil engineering and entitlements; preliminary site plans available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.069996
    Latitude
    36.125788

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    FAQs

    What type of property is this?
    Restaurant - Prime NC location, build-to-suit or sale.
    Where is this restaurant located?
    The property is located at 405 Main St Kernersville, NC.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity for a QSR or fast-food restaurant at 405 N Main Street, Kernersville, NC 27284.; Build-to-suit or land sale available; 1,000-4,000 square feet.; Listed at $950,000; single-tenancy, NNN ground lease.
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    405 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
    405 Main St Kernersville, NC 27284
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