0 Lee St Kernersville, NC 27284
This exceptional 20.49-acre parcel presents a prime residential development opportunity in the thriving Kernersville, North Carolina employee growth corridor. Located on Lee Street off Highway 66, this property is zoned RS12, making it ideal for a variety of residential projects. The land offers significant potential for a new residential community, capitalizing on the area's strong demand for housing. With a total asking price of $1,024,599, this translates to an attractive price per acre of $50,000. The site's convenient location and favorable zoning regulations make it an attractive investment for developers seeking to build in a rapidly growing area. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial land holding in a desirable location with excellent potential for future development and strong returns. The property is situated in Forsyth County, North Carolina, with a zip code of 27284. Its coordinates are 36.1100412 latitude and -80.0672127 longitude. This represents a compelling investment prospect for those seeking to capitalize on the robust residential market in Kernersville. Don't miss this chance to secure this exceptional development site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.