Property profile

1381 Park Dr Kernersville, NC 27284

OFF-MARKET
Industrial properties
45,000 SF Built 1986
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Property summary

AI-generated overview

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 profile

Verified
Property type Industrial properties
Year built 1986
Total area 45,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Recycling Center Waste Management Facility

Location

1381 Park Dr Kernersville, NC 27284
Kernersville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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