Property profile

0 Main St Kernersville, NC 27284

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre commercial land parcel is located on North Main Street in Kernersville, NC, zip code 27284. Zoned LB-S (Light Business Special), this property presents a unique opportunity for developers and businesses seeking a high-visibility location. The site is situated in a thriving area with significant traffic volume, boasting an average daily traffic count of 22,000 vehicles. Its strategic location benefits from proximity to established retailers such as Sheetz, East Coast Wings, and the NC DMV & License Plate Office, ensuring high consumer traffic and brand recognition. The surrounding area demonstrates robust growth, with new residential and commercial developments underway, further enhancing the property's long-term value. Within a 5-mile radius, the population exceeds 55,517 residents, with an average household income of $83,761, indicating a strong consumer base. The property's accessibility is further improved by the new Macy Grove Interchange. This offering is available for ground lease or build-to-suit options, providing flexibility to accommodate various development plans. Contact us for pricing information and to explore the possibilities of this prime commercial land.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

Main St Kernersville, NC 27284
Kernersville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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