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    OFF-MARKET
    Industrial properties

    1381 Park Dr, Kernersville, NC 27284

    45,000 SF Built 1986
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Industrial Electronic Recycling Recycling Center Waste Management Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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