Property profile

1024 Main St Kernersville, NC 27284

OFF-MARKET
Retail space
Property ID
US53-1808882
6,400 SF 0.75 ac lot Built 1991
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction STEEL FRAME
Total area 6,400 SF
Lot 0.75 ac (32,670 SF)
Zoning code HB-S
APN 6876-50-4053.00
UPID US53-1808882

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
  • Cafe & Coffee Shop
  • Medical Clinic
  • Atm
  • Furniture & Home Goods

Location

1024 Main St Kernersville, NC 27284-8178
Kernersville metro Census 3307 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.08M
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.26M

Owner & transaction history

since 2013
3 recorded transactions
2013
$684,000
2012
Price N/A
1969
Price N/A

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
Medical building $1.2M +25.3%
Auto repair, garage $960,000 +0.7%

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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