Property profile

257 Gretas Way Kernersville, NC 27284

OFF-MARKET
Industrial properties
Property ID
US53-1506465
15,840 SF 1.89 ac lot Built 2006
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2006
Construction FRAME
Total area 15,840 SF
Lot 1.89 ac (82,328 SF)
Zoning code LI-S
APN 6885-44-5136.00
UPID US53-1506465

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
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Factory
  • Art Gallery

Location

257 Gretas Way Kernersville, NC 27284-3811
Kernersville metro Census 3315 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$1.68M

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A

Zoning & alternative use

LI-S · Kernersville, NC
Zoning description

The LI-S District is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial and service activities which, in their normal operations, have litt…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $2.4M +57.4%
Retail stores $2.4M +56.2%
Commercial (general) $2.1M +35.5%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 257 Gretas Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message