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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Medical Office Space
280 Broad St Ste F, Kernersville, NC 27284-2948
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1037708
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
BRICK
Total area
6,576 SF
Lot
4.4 ac (191,664 SF)
Zoning code
GO-S
APN
6886-32-1080.00
UPID
US53-1037708
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
$1.20M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$855k
Owner & transaction history
Pisces 2 LLC · 9 yrs held
Pisces 2 LLC
since 2016
4 recorded transactions
Zoning & alternative use
GO-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$1,290,000
6.5%
$1,195,000
7%
$1,110,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,230,000
Current use
AUTO REPAIR, GARAGE
$985,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$130 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,421
Tax year 2024
Assessed value
$746,400
Assessed 2024
Previous assessed
$746,400
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$298,600
Assessed improvement
$447,800
Land market value
$298,600
Improvement market value
$447,800
Total market value
$746,400
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
Off-Market
Year built
1989
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,576 SF
Lot
4.4 ac (191,664 SF)
Zoning code
GO-S
APN
6886-32-1080.00
UPID
US53-1037708
Jurisdiction
FORSYTH
Zoning & alternative use
GO-S · Kernersville, NC
Zoning 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
Kernersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$985,000
MEDICAL BUILDING Current
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
1
Lot
4.4 ac
Current owner
From public records · entity-resolved
Pisces 2 LLC
Entity
Mailing address
195 KIMEL PARK DR STE #200, WINSTON SALEM, NC 27103-6967
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2016
$1,900,000
Pisces 2 LLC
Piedmont Capital II LLC
Grant Deed
$1,140,000 · Bank Of America
Aug 3, 2012
—
Piedmont Capital II LLC
—
Trustees Deed
related
$1,000,000 · First Citizens Bank & Trust Co
Jun 3, 2009
$325,000
Piedmont Capital II LLC
Central Triad Medical Park Partners
Warranty Deed
$510,000 · First Citizens Bank & Trust Co
—
—
Piedmont Capital II LLC
—
Loan Modification
related
$1,000,000 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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