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Property profile & analytics
OFF-MARKET Estimated value $305,000
Medical Office Space

205 Cherry St Kernersville, NC 27284-2825

1,680 SF 0.41 ac lot Built 1981
Entity Owned 11-yr Hold Free & Clear
Property ID
US53-2492653
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Construction BRICK
Total area 1,680 SF
Lot 0.41 ac (17,860 SF)
Zoning code GB
APN 6886-25-9024.00
UPID US53-2492653
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
  • Meylor Family Chiropractic Alternative Medicine Practice
  • Meylor Family Chiropractic & Acupuncture Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k
Owner & transaction history
MEYLOR REALTY LLC
MEYLOR REALTY LLC
Zoning & alternative use
GB · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

J. GB G eneral Business District Intent . The GB District is primarily intended to accommodate a wide range of retail, service, and office uses located along thoroughfares in areas which have developed with minimal front setbacks. However, the district is not intended to encourage or accommodate strip commercial development. The district would accommodate de…

Zone name General Business
General category PLANNED_DEVELOPMENT
Zone area 71.15 ac
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