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    OFF-MARKET
    Industrial properties

    122 Majestic Way Ct, Kernersville, NC 27284-3243

    3,000 SF 0.67 ac lot Built 1998
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-1610285
    Property summary
    AI-generated overview

    This exceptional 3,000-square-foot industrial property, ideally suited for an auto shop, is available for lease in Kernersville, North Carolina. Situated on a 0.67-acre lot at 122 Majestic Way Ct, 27284, this single-tenant space offers significant advantages for automotive businesses. The building boasts an impressive 18-foot ceiling height, providing ample vertical space for equipment and storage. Two convenient drive-in doors, located at both the front and rear of the building, ensure efficient workflow and easy access for vehicles. Inside, you'll find two restrooms and dedicated office space, enhancing functionality and professionalism. Additional mezzanine storage is available, maximizing storage capacity. Ample parking is provided both in front and in the rear of the building, accommodating customers and employees with ease. The monthly lease rate is $3,650.00, NNN. This property presents a fantastic opportunity for a growing automotive business seeking a well-equipped and conveniently located space in Kernersville. Don't miss out on this exceptional offering.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1998
    Construction STEEL FRAME
    Total area 3,000 SF
    Lot 0.67 ac (29,185 SF)
    Zoning code LI
    APN 6886-72-6717.00
    UPID US53-1610285
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Faa Fund LLC · 4 yrs held
    Faa Fund LLC
    since 2022
    Last sale
    $400,000
    1 recorded transaction
    2022
    $400,000
    Zoning & alternative use
    LI · Kernersville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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