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    1630 Pecan Ln Kernersville, NC 27284

    For Sale
    $6,916,000

    Prime 55.75-acre development site in booming Kernersville, NC.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 55.75-acre commercial land parcel presents a remarkable development opportunity in the rapidly growing town of Kernersville, North Carolina. Located at 1630 Pecan Ln, Kernersville, NC 27284, this property boasts a highly desirable RS-9 zoning designation, ideal for residential development. The site is strategically positioned near the Union Cross Road interchange of I-40, providing excellent access to major transportation arteries. The seller is willing to subdivide the land to accommodate various development plans. This location is surrounded by significant residential growth, including the 900-acre Caleb's Creek residential development and the 500-acre Weldon Village mixed-use community, which incorporates plans for retail, grocery, and medical facilities. Kernersville itself is experiencing robust economic expansion, fueled by the presence of major employers such as Amazon, FedEx, John Deere Hitachi, Novant Health, and the VA Clinic. The property offers convenient access to water and sewer utilities, simplifying the development process. This prime location and zoning make this a rare opportunity for investors seeking to capitalize on the thriving Kernersville market. The asking price for this exceptional 55.75-acre tract is $6,916,000. Don't miss this chance to secure a piece of Kernersville's bright future.

    Property Features for 1630 Pecan Ln

    General Information

    Property type
    Land
    Lot Size
    2,428,470 SF

    HighLights

    • 55.75‑acre site, subdividable by seller.
    • Residential zoning (RS‑9).
    • Convenient access to Union Cross Rd Interchange, I‑40.
    • Water and sewer utilities available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.116628
    Latitude
    36.078338

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    FAQs

    What type of property is this?
    Land - Prime 55.75-acre development site in booming Kernersville, NC.
    Where is this land located?
    The property is located at 1630 Pecan Ln Kernersville, NC.
    What is the asking price?
    The asking price for this property is $6,916,000.
    What are key features of this property?
    This property features: 55.75-acre site, subdividable by seller.; Residential zoning (RS-9).; Convenient access to Union Cross Rd Interchange, I-40.
    (336) 768-4410
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    1630 Pecan Ln 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
    1630 Pecan Ln Kernersville, NC 27284
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