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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Grocery and convenience stores
1557 Un Cross Rd Kernersville, NC 27284-7137
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1094306
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Construction
BRICK
Total area
2,774 SF
Lot
1.37 ac (59,677 SF)
Zoning code
NSB-S
APN
6874-28-5610.00
UPID
US53-1094306
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
-
Union cross mart Grocery & Convenience Store
-
BP Gas Station
-
275 Dry Cleaners Inc (Bike/Boat/Book/etc) Store
-
Union Cross Cafe Cafe & Coffee Shop
-
Coin Operated Car Wash Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.58M
Owner & transaction history
Skop INC · 5 yrs held
Skop INC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
NSB-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The NSB-S District is intended to provide for the development of integrated, self contained shopping and service centers designed to meet the daily retail and service needs of residents in the surrounding area. The district is designed to be compatible with adjacent residential areas by limiting uses and access drives, and by providing substantial setbacks a…
Zone name
Neighborhood Shopping Center Business District
General category
COMMERCIAL
Zone area
35.74 ac
Source
Realmo
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
$2,120,000
ML approach
$2,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±10% · vs last sale $1.65M (Jul 26 2021)
Last sale anchor
$1.65M
Jul 26 2021
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
$568 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$21,563
Tax year 2023
Assessed value
$1,668,100
Assessed 2024
Previous assessed
$1,668,100
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$714,200
Assessed improvement
$953,900
Land market value
$714,200
Improvement market value
$953,900
Total market value
$1,668,100
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
NONE
Buildings
4
Stories
1
Total area
2,774 SF
Lot
1.37 ac (59,677 SF)
Zoning code
NSB-S
APN
6874-28-5610.00
UPID
US53-1094306
Jurisdiction
FORSYTH
Zoning & alternative use
NSB-S · Kernersville, NCZoning NSB-S · permitted uses
NSB-S · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The NSB-S District is intended to provide for the development of integrated, self contained shopping and service centers designed to meet the daily retail and service needs of residents in the surrounding area. The district is designed to be compatible with adjacent residential areas by limiting uses and access drives, and by providing substantial setbacks and landscape buffers. The district is intended for application on sites with good road access and activity centers.
Zone name
Neighborhood Shopping Center Business District
General category
COMMERCIAL
Zone area
35.74 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1999
Construction
BRICK
Heating
NONE
Stories
1
Buildings
4
Lot
1.37 ac
Current owner
From public records · entity-resolved
Skop INC
Entity
Mailing address
7 LOCHSIDE CT, GREENSBORO, NC 27410-3554
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
$1,650,000
Skop INC
Union Cross Holding LLC
Warranty Deed
$1,320,000 · American National Bank & Trust Co
Aug 1, 2018
$1,600,000
Union Cross Holding LLC
Thc Acquisition LLC
Warranty Deed
$1,100,000 · Hometrust Bank
Apr 18, 2018
—
Sc Beach Property LLC
Triad Holding Co LLC
Warranty Deed
—
Jul 23, 2015
—
Triad Holding Co LLC
—
Trustees Deed
related
$570,000 · High Point Bk&tr
Oct 2, 2002
—
Triad Holding Co LLC
—
Trustees Deed
related
$500,000 · Branch Banking & Trust Co
—
—
Triad Holding Co LLC
—
Deed Of Trust
related
$2,567,000 · High Point Bk&tr
—
—
Triad Holding Co LLC
—
Deed Of Trust
related
$1,000,000 · High Point Bk&tr
—
—
Triad Holding Co LLC
—
Deed Of Trust
related
$1,826,546 · Branch Banking & Trust Co
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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