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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Medical Office Space
420 Mtn St Kernersville, NC 27284-2534
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US53-2421101
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
WOOD
Total area
1,330 SF
Lot
2.44 ac (106,286 SF)
Zoning code
HB-S
APN
6886-16-5168.00
UPID
US53-2421101
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
-
Kernersville Primary Care Pediatrician Physician
-
Taylor Stephanie Medical Clinic
-
Johnson Neurological Clinic Medical Clinic
-
Katie Wingate Physician
-
William Kelly Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
Billy Jos LLC · 18 yrs held
Billy Jos LLC
since 2008
2 recorded transactions
Zoning & alternative use
HB-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or which cater primarily to passing motorists. However, the district is not intended to encourage or accommodate strip commercial development. Deve…
Zone name
Highway Business Special Use
General category
COMMERCIAL
Zone area
373.38 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
$320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$320k
Range $288k – $352k · ±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
$241 / 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
$2,454
Tax year 2024
Assessed value
$190,500
Assessed 2024
Previous assessed
$190,500
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$39,400
Assessed improvement
$151,100
Land market value
$39,400
Improvement market value
$151,100
Total market value
$190,500
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
1996
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
1,330 SF
Lot
2.44 ac (106,286 SF)
Zoning code
HB-S
APN
6886-16-5168.00
UPID
US53-2421101
Jurisdiction
FORSYTH
Zoning & alternative use
HB-S · Kernersville, NCZoning HB-S · permitted uses
HB-S · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or which cater primarily to passing motorists. However, the district is not intended to encourage or accommodate strip commercial development. Developments in this district generally have substantial front setbacks.
Zone name
Highway Business Special Use
General category
COMMERCIAL
Zone area
373.38 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
Billy Jos LLC
Entity
Mailing address
441 W MELVA LN, KERNERSVILLE, NC 27284-3831
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2008
$545,000
Billy Jos LLC
Hutchins,james K & Rene H
Warranty Deed
$490,500 · Fidelity Bank NA
Jan 16, 2003
—
James K Hutchins
Central Park Development
Grant Deed
$1,065,000 · Lexington State Bank
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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