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Property profile & analytics
OFF-MARKET
Estimated value
$9,605,000
Warehouses
1481 Jag Br Blvd Kernersville, NC 27284-6956
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4700078
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
88,416 SF
Lot
1.32 ac (57,499 SF)
Zoning code
MU-S
APN
6874-39-3217.00
UPID
US53-4700078
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.14M
Comparable Approach
Comparable
$9.86M
Blend (final)
Blend
$9.61M
Owner & transaction history
Aaa Storage Mgmt 22 LLC · 5 yrs held
Aaa Storage Mgmt 22 LLC
since 2020
2 recorded transactions
Zoning & alternative use
MU-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
MU-S District is intended to accommodate and positively integrate a balanced mixture of residential, commercial, and in some cases light industrial uses within the district and the surrounding area. Depending upon the existing land use context in which the MU-C District is proposed, at least three distinctly different use components are expected for any MU-C…
Zone name
Mixed Use Special Use
General category
MIXED_USE
Zone area
326.48 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$13.3M
+44.6%
Retail stores
$13.2M
+43.5%
Commercial (general)
$11.4M
+24.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,235,000
6.5%
$13,140,000
7%
$12,200,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,185,000
Current use
AUTO REPAIR, GARAGE
$13,275,000
Change: +45% · Conversion: Easy
RETAIL STORES
$13,180,000
Change: +44% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,435,000
Change: +25% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,440,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$9.61M
Range $8.64M – $10.57M · ±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
$109 / 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
$50,301
Tax year 2024
Assessed value
$5,286,900
Assessed 2024
Previous assessed
$5,286,900
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$765,000
Assessed improvement
$4,521,900
Land market value
$765,000
Improvement market value
$4,521,900
Total market value
$5,286,900
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
2017
Heating
NONE
Stories
3
Total area
88,416 SF
Lot
1.32 ac (57,499 SF)
Zoning code
MU-S
APN
6874-39-3217.00
UPID
US53-4700078
Jurisdiction
FORSYTH
Zoning & alternative use
MU-S · Kernersville, NCZoning MU-S · permitted uses
MU-S · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
MU-S District is intended to accommodate and positively integrate a balanced mixture of residential, commercial, and in some cases light industrial uses within the district and the surrounding area. Depending upon the existing land use context in which the MU-C District is proposed, at least three distinctly different use components are expected for any MU-C zoning proposal.
Zone name
Mixed Use Special Use
General category
MIXED_USE
Zone area
326.48 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.2M
AUTO REPAIR, GARAGE
Est. value
$13.3M
RETAIL STORES
Est. value
$13.2M
COMMERCIAL (GENERAL)
Est. value
$11.4M
INDUSTRIAL (GENERAL)
Est. value
$8.4M
WAREHOUSE, STORAGE Current
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
2017
Heating
NONE
Stories
3
Lot
1.32 ac
Current owner
From public records · entity-resolved
Aaa Storage Mgmt 22 LLC
Entity
Mailing address
7622 BENTLEY RD, GREENSBORO, NC 27409-9657
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2020
—
Aaa Storage Mgmt 22 LLC
—
Deed
related
$4,750,000 · Morgan Stanley Bk
—
—
Aaa Storage Mgmt 22 LLC
—
Deed Of Trust
related
$4,750,000 · Morgan Stanley Bk
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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