Property profile

0 Main St Kernersville, NC 27284

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 5.5-acre outparcel presents a prime retail investment or development opportunity in Forsyth County. Zoned Light Business Special (LB-S), this single-tenant site boasts an enviable location with high visibility and significant traffic volume. The property's strategic placement ensures maximum exposure, benefiting from proximity to a strong tenant mix including Sheetz, East Coast Wings, the North Carolina Department of Motor Vehicles (NCDMV), and the North Carolina License Plate Office. This established commercial corridor guarantees a steady stream of potential customers. The site is ideally suited for ground lease or build-to-suit development, offering flexibility to tailor the property to specific business needs. Supporting the property's potential is the robust surrounding demographics. Within a five-mile radius, the population exceeds 55,000 residents, with an average household income of $83,761. Daily traffic counts reach 22,000 vehicles per day (VPD), ensuring high visibility and accessibility for any business. This exceptional location and strong demographics make this outparcel an unparalleled opportunity for long-term growth and profitability. The absence of an existing building provides a blank canvas for a custom-designed development, perfectly suited to capitalize on the area's thriving commercial environment. This is a rare chance to acquire a significant retail parcel in a high-demand location.

Property profile

Verified
Property type Retail properties & Spaces

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
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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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