1406 Heartland Dr Kernersville, NC 27284-3560
Property profile & analytics
1406 Heartland Dr Kernersville, NC 27284-3560
- Motels
- 35,892 SF
- 2.20 lot acres
Property ID
US53-1586302
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.
Location Intelligence
Current Use by Public Records
- Sleep Inn Kernersville I-40 / Hotel & Motel
Property Details for 1406 Heartland Dr
- Year built
- 1995
- Construction
- WOOD
- Lot size
- 2.20 lot acres
- Property size
- 35,892 SF
- Zone code
- HB-S
- Property type
- Motels
- APN
- 6885-62-2298.00
- APU
- 688562229800
Description
This fee-simple owned, 104-key Sleep Inn hotel presents a compelling investment opportunity. Located at 1406 Heartland Drive, Kernersville, NC 27284, this established property boasts a prime location and significant potential for return. Built in 1995, the hotel sits on a 2.2-acre lot in Forsyth County, offering ample space and potential for future development or expansion. The property's 104 keys cater to a substantial market demand, ensuring consistent occupancy rates. The asking price for this turnkey operation is $7,995,000. This represents a rare chance to acquire a well-established hotel in a thriving North Carolina market. The property's strategic location near I-40 provides excellent accessibility for both business and leisure travelers. With its proven track record and strong market position, this Sleep Inn hotel offers a stable and potentially lucrative investment for discerning buyers. Detailed financial information is available upon request. This is a fee simple ownership, providing complete control and ownership of the property.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,430,000
- 6.5%
- $3,165,000
- 7%
- $2,940,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,842,000
Market price range: $455k - $4.27M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $2,635,000 Current use
- RETAIL STORES
- $4,780,000 Change: +81% Conversion: Difficult
- MEDICAL BUILDING
- $4,400,000 Change: +67% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,865,000 Change: +47% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $3,720,000 Change: +41% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,200,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kernersville
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.0617
- Latitude
- 36.0871
- 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
$48,301
$806,400
$2,939,500
$3,745,900
-
$806,400
$2,939,500
$3,745,900
