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Property profile & analytics
FOR SALE
Medical Office Space
280 Broad St Kernersville, NC 27284
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0525408
For Sale
1 / 9
Contact for pricing
280 Broad St, Kernersville, NC 27284
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Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
BRICK
Total area
17,747 SF
Lot
4.4 ac (191,664 SF)
Zoning code
GO-S
APN
6886-32-3013.00
UPID
US53-0525408
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
-
Dr. William H. Satterfield, MD Physician
-
Dr. Gregory G. Holthusen, MD Physician
-
Dr. Christine Hagen Physician Medical Clinic
-
Westgate Dermatology and Laser Center, P.A. Physician Medical Clinic
-
Apsara Prasad, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$1.89M
Owner & transaction history
Scripter Properties LLC · 6 yrs held
Scripter Properties LLC
since 2020
7 recorded transactions
Zoning & alternative use
GO-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GO-S District is primarily intended to accommodate high intensity office uses and supporting services. The district is established to provide locations for employment within activity centers and Suburban Neighborhoods with access to thoroughfares.
Zone name
General Office Special Use
General category
UNKNOWN
Zone area
46.24 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,665,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10%
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
$106 / 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
$1,166
Tax year 2023
Assessed value
$1,598,600
Assessed 2024
Previous assessed
$1,598,600
+0.0% YoY
Effective rate
0.07%
On assessed value
Assessed improvement
$1,598,600
Improvement market value
$1,598,600
Total market value
$1,598,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1989
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
6
Total area
17,747 SF
Lot
4.4 ac (191,664 SF)
Zoning code
GO-S
APN
6886-32-3013.00
UPID
US53-0525408
Jurisdiction
FORSYTH
Zoning & alternative use
GO-S · Kernersville, NCZoning GO-S · permitted uses
GO-S · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GO-S District is primarily intended to accommodate high intensity office uses and supporting services. The district is established to provide locations for employment within activity centers and Suburban Neighborhoods with access to thoroughfares.
Zone name
General Office Special Use
General category
UNKNOWN
Zone area
46.24 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.7M
AUTO REPAIR, GARAGE
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
1989
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
6
Lot
4.4 ac
Current owner
From public records · entity-resolved
Scripter Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2150 COUNTRY CLB RD STE #230, WINSTON SALEM, NC 27104-4247
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 19, 2023
—
Pisces 2 LLC
—
Deed
related
$1,850,000 · First Bank
Apr 2, 2020
$190,000
Scripter Properties LLC
Unit B LLC
Grant Deed
—
Oct 9, 2019
$412,000
Broadstreet Executive Associates Ll
Unit B LLC
Special Warranty Deed
$412,000 · First Citizens Bank & Trust Co
Nov 27, 2018
$252,000
Koco Properties LLC
Central Triad Medical Park Partners
Special Warranty Deed
$152,000 · First Citizens Bank & Trust Co
Dec 2, 2016
$1,900,000
Pisces 2 LLC
Piedmont Capital II LLC
Grant Deed
$1,140,000 · Bank Of America
Mar 12, 2009
—
Central Triad Medical Park Own
Owner Name Unavailable
Grant Deed
related
—
—
—
Centeral Triad Medical Park Pa
—
Deed Of Trust
related
$1,500,000 · Central Carolina Bank & Trust
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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