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    Un Cross Rd At Loradale Dr Kernersville, NC 27284

    Sponsored
    For Sale
    $1,125,000

    3.22 Acres, High-Growth Area, Corner Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.22-acre commercial land parcel presents a unique investment opportunity in Kernersville, North Carolina. Located at the intersection of Union Cross Road and Loradale Drive in Forsyth County (zip code 27284), this property boasts approximately 433 feet of road frontage and is situated on a desirable corner lot. Its strategic location offers excellent visibility and accessibility, placing it directly adjacent to established businesses such as Caterpillar and Herbalife, ensuring high traffic volume and strong potential for future development. The property is zoned AG, but possesses significant potential for retail or mixed-use rezoning, catering to a wide range of commercial ventures. Utilities are readily available, with water and gas lines already present at the site, and sewer lines are conveniently located nearby. This prime location in a high-growth area makes this land ideal for investors seeking a strong return on investment. The asking price is $1,125,000.

    Property Features for 0 Un Cross Rd At Loradale Dr

    General Information

    Property type
    Land
    Lot Size
    140,263 SF

    HighLights

    • 3.22± acre site.
    • Water and gas utilities on‑site.
    • Sewer access nearby.
    • Potential for retail or mixed‑use zoning.
    • High‑growth area.
    • 433± feet of road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.11241541
    Latitude
    36.06242926

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    FAQs

    What type of property is this?
    Land - 3.22 Acres, High-Growth Area, Corner Lot
    Where is this land located?
    The property is located at Un Cross Rd At Loradale Dr Kernersville, NC.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: 3.22± acre site.; Water and gas utilities on-site.; Sewer access nearby.
    Request Owner's contact information
    Un Cross Rd At Loradale Dr 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
    Un Cross Rd At Loradale Dr Kernersville, NC 27284
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