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    FOR SALE
    Commercial land

    1510 Abbotts Creek Cir, Kernersville, NC 27284

    0.97 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-2113659
    Property summary
    AI-generated overview

    This exceptional 0.97-acre commercial lot presents a unique investment opportunity in the rapidly expanding Kernersville, North Carolina market. Strategically located along a high-traffic Interstate 40 ramp, this property boasts 450 feet of frontage and dedicated turning lanes, ensuring excellent visibility and accessibility for any business. The lot is already rough-graded, significantly reducing development costs and expediting the construction process. Zoned General Business (GB), this versatile parcel offers a wide range of development possibilities. Situated in Forsyth County, within the thriving Triad region, this location benefits from the area's robust economic growth and expanding population. The property's prime location and existing infrastructure make it an ideal site for a variety of commercial ventures, offering significant potential for return on investment. The asking price is $650,000. Don't miss this chance to secure a highly desirable commercial lot in one of North Carolina's fastest-growing markets. The address is 1510 Abbotts Creek Cir, Kernersville, NC 27284.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.97 ac (42,253 SF)
    Zoning code GB-S
    APN 6885-50-3855.00
    UPID US53-2113659
    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
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Carpet Island Enterprises LLC · 4 yrs held
    Carpet Island Enterprises LLC
    since 2021
    Last sale
    $397,500
    2 recorded transactions
    2021
    $397,500
    2004
    $150,000
    Zoning & alternative use
    GB-S · Kernersville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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