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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
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, NC
Zoning 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
Kernersville. Always verify with local authorities before improvements.
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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