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Financial
Distress signals
Property profile

508 Arbor Hill Rd Kernersville, NC 27284

FOR LEASE
Other office properties
View Listing
Property ID
US53-2068482
6,776 SF 0.65 ac lot Built 1986
Last sale Jul 2022 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story office building configured to support general office and medical office use, with interior separation into two second-floor units and restroom facilities on both levels. The main level features laminate flooring in primary areas and hallways and includes three bathrooms. The second level contains two bathrooms and is divided into two units of approximately 1,250 square feet each, supporting separate occupancy within the same building. The property is located off the South Main…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$488k
Assessed land$188k
Assessed improvement$300k
Effective rate1.36%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$335k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$4k
Operating expenses−$4k
NOI · 83,140.00% cap applied$12k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$129/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$84 – $180
Qualifying comparables5

Cap rate analysis

How does the asset earn?
83,140.00%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HB
The HB District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locatio...
General categoryCOMMERCIAL
JurisdictionFORSYTH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply21.3
Wholesale Shop17.4
Law Firm17.4

Location

508 Arbor Hill Rd Kernersville, NC 27284
County assessor Recorded deeds · not on file 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
840 Salisbury, Kernersville, NC 27284-3032 $725,000 Feb 2026 4,322 SF
1472 Jag Br, Kernersville, NC 27284-6956 $2,500,000 Oct 2025 4,392 SF
102 King, Kernersville, NC 27284-2812 $375,000 Sep 2024 5,000 SF
1239 Masten, Kernersville, NC 27284-7586 $1,020,000 Sep 2023 8,162 SF
101 Main, Kernersville, NC 27284-2757 $900,000 Jul 2022 10,574 SF
220 Broad, Kernersville, NC 27284-2930 $890,000 May 2022 7,052 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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