109 Oak St, Kernersville, NC 27284
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.