Property profile

2701 Powering Progress Dr Kernersville, NC 27284

OFF-MARKET
Industrial properties
Property ID
US53-1482517
228,721 SF 74.78 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Total area 228,721 SF
Lot 74.78 ac (3,257,417 SF)
Zoning code GI,GI-S,RS9
APN 6856-74-1395.00
UPID US53-1482517

Cap rate & NOI

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

Location

2701 Powering Progress Dr Kernersville, NC 27284-5200
Kernersville metro Census 3003 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$18.60M
Comparable Approach Comparable
$11.96M
Blend (final) Blend
$14.52M

Owner & transaction history

Zoning & alternative use

GI,GI-S,RS9 · Kernersville, NC
Top alternative use upside
Warehouse, storage $23.8M +8.9%

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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