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Property profile & analytics
OFF-MARKET
Estimated value
$12,820,000
Warehouses
1410 Heartland Dr Kernersville, NC 27284-3560
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0806781
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2022
Construction
FRAME
Total area
93,996 SF
Lot
2.15 ac (93,654 SF)
Zoning code
HB-S
APN
6885-62-5330.00
UPID
US53-0806781
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
-
USA Storage Centers – Kernersville Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.58M
CAP Approach
CAP
$13.97M
Comparable Approach
Comparable
$13.06M
Blend (final)
Blend
$12.82M
Owner & transaction history
Stor Kernc Heartland LLC · 3 yrs held
Stor Kernc Heartland LLC
since 2023
Last sale
$12.8M
6 recorded transactions
Zoning & alternative use
HB-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or which cater primarily to passing motorists. However, the district is not intended to encourage or accommodate strip commercial development. Deve…
Zone name
Highway Business Special Use
General category
COMMERCIAL
Zone area
373.38 ac
Source
Realmo
Top alternative use upside
Medical building
$17.6M
+79.8%
Auto repair, garage
$14.1M
+44.6%
Retail stores
$14.0M
+43.5%
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
$17,165,000
ML approach
$11,575,000
CAP Approach
CAP Return
Estimation
6%
$15,135,000
6.5%
$13,970,000
7%
$12,970,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,765,000
Current use
MEDICAL BUILDING
$17,555,000
Change: +80% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,115,000
Change: +45% · Conversion: Easy
RETAIL STORES
$14,015,000
Change: +44% · Conversion: Moderate
COMMERCIAL (GENERAL)
$12,160,000
Change: +25% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,970,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$12.82M
Range $11.54M – $14.10M · ±10% · vs last sale $12.75M (Mar 31 2023)
Last sale anchor
$12.75M
Mar 31 2023
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
$136 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$102,115
Tax year 2024
Assessed value
$8,040,100
Assessed 2024
Previous assessed
$4,403,600
+82.6% YoY
Effective rate
1.27%
On assessed value
Assessed land
$441,300
Assessed improvement
$7,598,800
Land market value
$441,300
Improvement market value
$7,598,800
Total market value
$8,040,100
Applied tax rate
7,864.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Construction
FRAME
Heating
NONE
Stories
1
Total area
93,996 SF
Lot
2.15 ac (93,654 SF)
Zoning code
HB-S
APN
6885-62-5330.00
UPID
US53-0806781
Jurisdiction
FORSYTH
Zoning & alternative use
HB-S · Kernersville, NCZoning HB-S · permitted uses
HB-S · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or which cater primarily to passing motorists. However, the district is not intended to encourage or accommodate strip commercial development. Developments in this district generally have substantial front setbacks.
Zone name
Highway Business Special Use
General category
COMMERCIAL
Zone area
373.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.8M
MEDICAL BUILDING
Est. value
$17.6M
AUTO REPAIR, GARAGE
Est. value
$14.1M
RETAIL STORES
Est. value
$14.0M
COMMERCIAL (GENERAL)
Est. value
$12.2M
INDUSTRIAL (GENERAL)
Est. value
$9.0M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2022
Construction
FRAME
Heating
NONE
Stories
1
Lot
2.15 ac
Current owner
From public records · entity-resolved
Stor Kernc Heartland LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2033 MONROE DR NEB, ATLANTA, GA 30324-4830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
—
Stor Kernc Heartland LLC
Phd Storage LLC
Quit Claim Deed
related
—
Mar 31, 2023
$12,750,000
Stor Kernc Heartland LLC
Phd Storage LLC
Special Warranty Deed
$8,411,100 · First Horizon Bank
Aug 31, 2021
—
Phd Storage LLC
—
Deed
related
$1,250,000 · Live Oak State Bank
May 14, 2021
$455,000
Phd Storage LLC
Kernersville Foundation INC
Warranty Deed
—
Dec 28, 2018
—
Kernersville Foundation INC
Xsi LLC
Grant Deed
—
Jun 14, 2017
$30,000
Xsi LLC
Le Pope Building Co INC
Warranty Deed
—
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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