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    Property profile & analytics

    843 Old Winston Rd Kernersville, NC 27284

    • Commercial real estate
    • 1.24 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-1173277
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kernersville Pumpkins and Christmas Trees / Christmas Market / Christmas Store
    • Christmas trees / Home Goods Store

    Property Details for 843 Old Winston Rd

    Lot size
    1.24 lot acres
    Zone code
    GB-S
    Property type
    Commercial real estate
    APN
    6876-71-8370.00
    APU
    687671837000

    Description

    This exceptional 1.24-acre commercial and industrial land parcel, located at 843 Old Winston Road in Kernersville, North Carolina (APN 6876-71-8370), presents a unique development opportunity. Zoned GB-S, this property offers significant flexibility for a variety of uses, including office, medical, retail, and light industrial projects. Its prime location directly behind J. Pepper's Southern Grille and Kernersville Pharmacy ensures high visibility and convenient access for potential businesses. The property's strategic positioning provides excellent potential for signage visibility along US-421/Salem Parkway, maximizing marketing opportunities. The asking price for this exceptional parcel is $475,000. With its versatile zoning, desirable location, and high visibility, this 1.24-acre lot represents a compelling investment prospect for developers and entrepreneurs seeking a strategic foothold in the thriving Kernersville market. The property's Forsyth County address and 27284 zip code further highlight its convenient location within the community. This is a rare opportunity to acquire a well-situated, developable land parcel in a high-growth area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $275,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $280,000
      Mixed-Use
      $310,000
      Hospitality
      $315,000
      Educational
      $280,000
      Residential Income
      $310,000
      Energy
      $290,000
      Income-Based Land
      $290,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.0906
    Latitude
    36.1116
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,004
    $431,000
    $15,200
    $446,200
    -
    $431,000
    $15,200
    $446,200

    Comparable in this City

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      1426 Mtn St

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    • Value Estimation
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      706 Crosscreek Rd

      COMMERCIAL (GENERAL) • 1,020 SF
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    • Value Estimation
      $435,000
      2,996 SF

      1438 Mtn St

      COMMERCIAL (GENERAL) • 2,996 SF
      1438 Mtn St, Kernersville, NC 27284-8409
      View Details
    • Value Estimation by Request
      5.00 Acres

      Main St

      Land • 5.00 Acres
      0 Main St, Kernersville, NC 27284
      View Details

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    • $26 SF/Yr
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      Retail Space in Kernersville Center

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    843 Old Winston Rd
    Kernersville, NC 27284
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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