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    OFF-MARKET
    Commercial real estate

    109 Oak St, Kernersville, NC 27284

    2,100 SF 0.48 ac lot
    Property ID
    US53-2048658
    Property summary
    AI-generated overview

    This exceptional Kernersville, NC commercial property at 109 Oak Street presents a unique investment opportunity. The 0.48-acre lot boasts a 2,100 square foot building currently configured as an office, but its Highway Business (HB) zoning allows for a variety of uses, including potential conversion to retail space. The existing structure offers 1,656 square feet of usable space, with an additional 444 square feet that may require further assessment. Priced at $225,000, this translates to $107.14 per square foot. The property benefits from high visibility and easy accessibility, situated in a strong daytime population area. Two adjacent vacant lots are also available for purchase, presenting potential for expansion or development. The single-story building is classified as Class C and sits on a single lot. This is an ideal opportunity for an investor seeking a versatile commercial property with significant upside potential in a desirable location. The property's address is 109 Oak Street, Kernersville, NC 27284.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,100 SF
    Lot 0.48 ac (20,909 SF)
    UPID US53-2048658
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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