Kernersville Office Park
900 Old Winston Rd Unit 222 Kernersville, NC 27284
900 Old Winston Rd Unit 222, Kernersville, NC, 27284
Contact for pricing
For Sale
Contact for pricing
Pending
Office suites in Linville Professional Office Center for sale.
Property Size4,701 SF
Days on Market735
Property Features for 900 Old Winston Rd Unit 222
General Information
- Standard status
- Pending
- Size
- 4,701 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing agency
Baldwin Properties
(336) 201-0965
Listed by
Lou Baldwin · License #NC 103001
Source
Crexi
Added: Jul 17, 2024 Updated: Jul 10 at 11:20AM Checked: Jul 20 at 6:16AM
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 Baldwin Properties
Investment Insights
Based on property information with market context.
Located in the Linville Professional Office Center, this office space is situated in the heart of the Carolina Core. The location offers convenient access to Business 40 and South Main Street. Suites 220, 222, 320, and 322 are being sold as a packaged portfolio. The combined square footage of these suites is approximately 4701 square feet, presenting an investment opportunity.
Key Highlights
- Packaged portfolio of four office suites in Linville Professional Office Center.
- Excellent location in the heart of the Carolina Core.
- Combined square footage of 4701 SF +/-.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.6k | $19.92 |
| − Vacancy | −$19.2k | −$4.08 |
| EGI | $74.4k | $15.84 |
| − OpEx | −$18.6k | −$3.96 |
| NOI | $55.8k | $11.88 |
4,701 SF · lease $19.92/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$797.6K
$697.9K – $930.6K
NOI $55,835 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.42M
NOI $85,011 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Regan Carly A
Physician
Dr. Kimley Hensley
Alternative Medicine Practice
Laura Cole, NP
Physician
Edward Jones
Financial Advisor
Therapists Help
Crisis Center
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FAQs
What type of property is this?
Office units - Office suites in Linville Professional Office Center for sale.
Where is this office units located?
The property is located at 900 Old Winston Rd Unit 222 Kernersville, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Packaged portfolio of four office suites in Linville Professional Office Center.; Excellent location in the heart of the Carolina Core.; Combined square footage of 4701 SF +/-.
