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Property profile & analytics
OFF-MARKET Estimated value $62,330,000
Medical Office Space

1695 Kernersville Medical Pkwy Kernersville, NC 27284-7159

368,909 SF 38.53 ac lot Built 2014
Entity Owned Free & Clear
Property ID
US53-3871895
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2014
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 368,909 SF
Lot 38.53 ac (1,678,367 SF)
Zoning code MBP
APN 6885-94-8766.00
UPID US53-3871895
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
  • Kernersville VA Clinic Medical Clinic
  • Starbucks Cafe & Coffee Shop
  • Nogo Adnan MD Pediatrician Physician
  • Kernersville hcc Government Office
  • Olga Thompson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$66.93M
Comparable Approach Comparable
$63.64M
Blend (final) Blend
$62.33M
Owner & transaction history
WINSTON SALEM HEALTHCARE DEVELOPMENT LLC
WINSTON SALEM HEALTHCARE DEVELOPMENT LLC
Zoning & alternative use
MBP · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

MBP Medical Business Park 3.9.2.C Overlay Zoning Districts 3.10 CKOD Central Kernersville Overlay District 3.10.6 HCOD Highway Corridor Overlay District 3.10.7 NSCOD Neighborhood Scale Commercial Overlay District 3.10.8 ICOD Industrial Corridor Overlay District 3.10.9 Historic Districts H Historic 3.11 HO Historic Overlay 3.11 3.1.3 Conditional Zoning Distri…

Zone name Medical Business Park
General category CIVIC_INSTITUTIONAL
Zone area 151.36 ac
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