Property profile

405 N Main St Kernersville, NC 27284

FOR SALE
Commercial land
Property ID
US53-0353948
0.85 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity in the vibrant Kersnersville submarket presents a unique chance for businesses seeking flexible space solutions. Located at 405 N Main Street, this property offers a build-to-suit (BTS) option, allowing complete customization to perfectly match your specific operational needs. Alternatively, a net-net-net (NNN) ground lease is available, providing a cost-effective way to establish a presence in this thriving area. The flexible space options range from 500 square feet to a generous 4,000 square feet, catering to a variety of business sizes and concepts. This prime location offers excellent visibility and accessibility, ensuring high foot traffic and strong brand recognition. Whether you envision a small boutique or a larger retail establishment, this property provides the adaptability to bring your vision to life. The single-tenant configuration ensures exclusive use and control over your space, maximizing operational efficiency and minimizing shared-space concerns. This is an unparalleled chance to secure a strategic location in a dynamic market, offering significant potential for growth and success. Contact us today to explore the possibilities and tailor a solution that perfectly aligns with your business objectives. Don't miss this opportunity to establish your business in this desirable Kersnersville location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.85 ac (37,026 SF)
Zoning code HB,HB-S
APN 6886-46-0305.00
UPID US53-0353948

Cap rate & NOI

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

Location

405 N Main St Kernersville, NC 27284
Kernersville metro Census 3108 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2023
Last sale
$152,000
4 recorded transactions
2023
$152,000
2023
Price N/A
2019
$1,000
2005
$300,000

Zoning & alternative use

HB,HB-S · Kernersville, NC

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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