Property profile

1009 Masten Dr Kernersville, NC 27284

OFF-MARKET
Day care centers
Property ID
US53-2216639
8,417 SF 1.5 ac lot Built 1997
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1997
Construction BRICK
Total area 8,417 SF
Lot 1.5 ac (65,340 SF)
Zoning code HB-S
APN 6875-59-8207.00
UPID US53-2216639

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
  • Daycare Center

Location

1009 Masten Dr Kernersville, NC 27284-7451
Kernersville metro Census 3307 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$825k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2017
$2.0M

Zoning & alternative use

HB-S · Kernersville, NC
Zoning description

The HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or whic…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.3M +94.8%
Retail stores $1.1M +71.8%
Medical building $1.0M +58.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1009 Masten Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message