Property profile

1601 Old Greensboro Rd Kernersville, NC 27284

OFF-MARKET
Industrial properties
Property ID
US53-3894602
86,632 SF 6.99 ac lot Built 2013
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2013
Total area 86,632 SF
Lot 6.99 ac (304,484 SF)
Zoning code CU-LI
APN 220635
UPID US53-3894602

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

1601 Old Greensboro Rd Kernersville, NC 27284-6855
Kernersville metro Census 16201 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.10M
Comparable Approach Comparable
$10.31M
Blend (final) Blend
$9.39M

Owner & transaction history

since 2014
3 recorded transactions
2020
Price N/A
2014
$7.5M
2013
$720,000

Zoning & alternative use

CU-LI · Kernersville, NC
Top alternative use upside
Retail stores $12.9M +63.7%
Commercial (general) $11.2M +42.0%
Warehouse, storage $9.0M +14.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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