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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Distribution centers
210 Industrial Way Dr, Kernersville, NC 27284-3200
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0525413
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Construction
STEEL FRAME
Total area
6,000 SF
Lot
1.05 ac (45,738 SF)
Zoning code
LI
APN
6886-72-9754.00
UPID
US53-0525413
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
-
Triad Auto Repair Shop
-
Carolina Roof and Restoration Inc Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$493k
Blend (final)
Blend
$630k
Owner & transaction history
210 Industrial Way LLC · 4 yrs held
210 Industrial Way LLC
since 2022
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
LI · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$900,000
+44.6%
Retail stores
$895,000
+43.5%
Commercial (general)
$775,000
+24.5%
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
$835,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$550,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$625,000
Current use
AUTO REPAIR, GARAGE
$900,000
Change: +45% · Conversion: Easy
RETAIL STORES
$895,000
Change: +44% · Conversion: Moderate
COMMERCIAL (GENERAL)
$775,000
Change: +25% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$575,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $610k (Feb 28 2022)
Last sale anchor
$610k
Feb 28 2022
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
$105 / 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
$3,785
Tax year 2023
Assessed value
$264,300
Assessed 2024
Previous assessed
$264,300
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$108,100
Assessed improvement
$156,200
Land market value
$108,100
Improvement market value
$156,200
Total market value
$264,300
Applied tax rate
12,864.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
6,000 SF
Lot
1.05 ac (45,738 SF)
Zoning code
LI
APN
6886-72-9754.00
UPID
US53-0525413
Jurisdiction
FORSYTH
Zoning & alternative use
LI · Kernersville, NC
Zoning LI · permitted uses
LI · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kernersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$900,000
RETAIL STORES
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$775,000
INDUSTRIAL (GENERAL)
Est. value
$575,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
210 Industrial Way LLC
Entity
Mailing address
206 W 4TH ST, WINSTON SALEM, NC 27101-2824
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
$610,000
210 Industrial Way LLC
Tac Enterprises Of Nc LLC
Special Warranty Deed
$488,000 · American Nation Bank
Oct 20, 2021
—
Tac Enterprises Of Nc LLC
—
Deed
related
$180,000 · Southern First Bank NA
Dec 11, 2017
—
Tac Enterprises Of Nc LLC
—
Deed
related
$235,000 · First Bank
Nov 15, 2012
$367,500
Tac Ents Of Nc LLC
First Properties LLC
Warranty Deed
$314,500 · High Point Bank & Trust Co
Aug 22, 2006
—
First Properties LLC
Smith,david L & Robin E
Grant Deed
related
—
Jul 20, 2005
—
First Properties LLC
Smith,david L
Grant Deed
related
—
—
—
First Properties LLC
—
Deed Of Trust
related
$875,000 · First Citizens Bank & 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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