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    1381 Park Dr Kernersville, NC 27284

    Sponsored
    For Lease
    Contact for pricing

    Versatile Industrial Units Available Now

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional flex space property at 1381 S Park Dr offers a total of 45,000 square feet of industrial space, built in 1986. Currently, there are three individual units available for lease, ranging in size from 2,250 square feet to 6,750 square feet, providing flexibility for a variety of business needs. The property's design incorporates a blend of warehouse and office space, catering to businesses requiring both storage and administrative areas. One unit currently includes 2,250 square feet of warehouse space and 338 square feet of office space. The property's multi-tenant configuration allows for a diverse range of occupants, creating a dynamic and collaborative environment. Its location on South Park Drive offers convenient access to major transportation routes, ensuring efficient logistics and streamlined operations. The property's age suggests established infrastructure and potential for cost-effective operation. This is an excellent opportunity for businesses seeking adaptable and well-located industrial space to expand or establish their operations. The available units provide a unique blend of functionality and accessibility, making this property an attractive investment for businesses seeking a strategic location and versatile workspace. Interested parties are encouraged to inquire about lease terms and availability for these highly sought-after industrial units.

    Property Features for 1381 Park Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Suite 1371
    Size
    2,250 SF
    Space
    Suite 1353
    Size
    6,750 SF
    Space
    Suite 1351-C
    Size
    6,750 SF

    HighLights

    • 45,000 square foot industrial flex building.
    • Multiple tenants currently occupy the space.
    • Three available suites ranging from 2,250 to 6,750 square feet.
    • Built in 1986.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial Electronic Recycling Recycling Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.065166
    Latitude
    36.104063

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    FAQs

    What type of property is this?
    Flex space - Versatile Industrial Units Available Now
    Where is this flex space located?
    The property is located at 1381 Park Dr Kernersville, NC.
    What are key features of this property?
    This property features: 45,000 square foot industrial flex building.; Multiple tenants currently occupy the space.; Three available suites ranging from 2,250 to 6,750 square feet.
    Request Owner's contact information
    1381 Park Dr 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
    1381 Park Dr Kernersville, NC 27284
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