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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Medical Office Space
123 Broad St Kernersville, NC 27284-2925
Individually Owned
11-yr Hold
Free & Clear
Property ID
US53-1678667
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Construction
WOOD
Total area
4,384 SF
Lot
0.61 ac (26,572 SF)
Zoning code
GO-S
APN
6886-33-9106.00
UPID
US53-1678667
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
Current use
Occupant on record · Public records
-
Lindsey Metcalf DDS PLLC Dental Office
-
Dalton Robert B DDS Dental Office
-
Pressley Carol Dental Office
-
Alexander & Chandler PA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$320k
Owner & transaction history
Robert B Dalton · 11 yrs held
Robert B Dalton
since 2014
1 recorded transaction
Zoning & alternative use
GO-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GO-S District is primarily intended to accommodate high intensity office uses and supporting services. The district is established to provide locations for employment within activity centers and Suburban Neighborhoods with access to thoroughfares.
Zone name
General Office Special Use
General category
UNKNOWN
Zone area
46.24 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kernersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kernersville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$820,000
Current use
AUTO REPAIR, GARAGE
$660,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$320k
Range $288k – $352k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$73 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,713
Tax year 2023
Assessed value
$460,000
Assessed 2024
Previous assessed
$460,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$138,100
Assessed improvement
$321,900
Land market value
$138,100
Improvement market value
$321,900
Total market value
$460,000
Applied tax rate
12,864.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
4,384 SF
Lot
0.61 ac (26,572 SF)
Zoning code
GO-S
APN
6886-33-9106.00
UPID
US53-1678667
Jurisdiction
FORSYTH
Zoning & alternative use
GO-S · Kernersville, NCZoning GO-S · permitted uses
GO-S · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GO-S District is primarily intended to accommodate high intensity office uses and supporting services. The district is established to provide locations for employment within activity centers and Suburban Neighborhoods with access to thoroughfares.
Zone name
General Office Special Use
General category
UNKNOWN
Zone area
46.24 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$660,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Robert B Dalton
Individual
Free & Clear · 11 yrs held
Mailing address
115 OLD CABIN LN, KERNERSVILLE, NC 27284-3419
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2014
—
Robert B Dalton
Dalton Robert B & K B Trust
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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