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    Property profile & analytics

    1368 Park Dr Kernersville, NC 27284-3150

    • Industrial properties
    • 13,300 SF
    • 2.20 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US53-2014898
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Factory Motor Parts / Distribution Service
    • Ultimate Indoor Sports Arena / Sports Complex / Soccer Club
    • FMP KERNERSVILLE / Auto Parts Store

    Property Details for 1368 Park Dr

    Year built
    1982
    Construction
    STEEL FRAME
    Lot size
    2.20 lot acres
    Property size
    13,300 SF
    Zone code
    GI
    Property type
    Industrial properties
    APN
    6885-58-1013.00
    APU
    688558101300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $540,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $540,000
      Geo Method
      $555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $525,000
      Mixed-Use
      $450,000
      Hospitality
      $435,000
      Educational
      $490,000
      Residential Income
      $540,000
      Energy
      $540,000
      Income-Based Land
      $525,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.0659
    Latitude
    36.1029
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,298
    $316,200
    $185,500
    $501,700
    -
    $316,200
    $185,500
    $501,700

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

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    • Value Estimation by Request
      0.64 Acres

      3968 Hastings Rd

      INDUSTRIAL (GENERAL) • 0.64 Acres
      3968 Hastings Rd, Kernersville, NC 27284-9575
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    • Value Estimation by Request
      0.62 Acres

      60 Mccracken Rd

      INDUSTRIAL (GENERAL) • 0.62 Acres
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    • Value Estimation by Request
      1,800 SF

      703 Main St

      LUMBERYARD, BUILDING MATERIALS • 1,800 SF
      703 Main St, Kernersville, NC 27284-2423
      View Details
    • Value Estimation
      $485,000
      4,540 SF

      683 Gralin St

      INDUSTRIAL LOFT BUILDING • 4,540 SF
      683 Gralin St, Kernersville, NC 27284-3457
      View Details
    • Value Estimation by Request
      86,632 SF

      1601 Old Greensboro Rd

      INDUSTRIAL (GENERAL) • 86,632 SF
      1601 Old Greensboro Rd, Kernersville, NC 27284-6855
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $12 SF/Yr
      13,870 SF

      Industrial Space in Kernersville

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      View Details
    • Contact for pricing
      15,750 SF

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      15,750 SF Flex Space Available
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      25,500 SF

      Kernersville Warehouse Space Available

      25,500 SF warehouse space for lease in Kernersville, NC.
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      Kernersville Industrial Warehouse Space

      Modern warehouse space for lease in NC.
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    • Contact for pricing
      4,500 SF

      Prime Flex Space Available Now

      4,500 SF Industrial Flex Space
      1301 Park Dr, Kernersville, NC 27284
      View Details
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    Kernersville, NC 27284-3150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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