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Property profile & analytics
OFF-MARKET
Assisted living facilities
602 Piney Grv Rd Kernersville, NC 27284-2333
Entity Owned
Free & Clear
Property ID
US53-5636521
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1973
Construction
WOOD
Total area
15,620 SF
Lot
1.45 ac (63,162 SF)
Zoning code
RM12-S
APN
6886-47-0932.00
UPID
US53-5636521
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
-
Bradford Village West Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
602 Piney Grove Rd Kernersville LLC
602 Piney Grove Rd Kernersville LLC
since 2026
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
RM12-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$32,937
Tax year 2024
Assessed value
$1,029,000
Assessed 2024
Previous assessed
$1,029,000
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$84,100
Assessed improvement
$944,900
Land market value
$84,100
Improvement market value
$944,900
Total market value
$1,029,000
Applied tax rate
12,864.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
CENTRAL
Cooling
REFRIGERATOR
Stories
1
Units
62
Total area
15,620 SF
Lot
1.45 ac (63,162 SF)
Zoning code
RM12-S
APN
6886-47-0932.00
UPID
US53-5636521
Jurisdiction
FORSYTH
Zoning & alternative use
RM12-S · Kernersville, NC
Zoning RM12-S · permitted uses
RM12-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.
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
62
Lot
1.45 ac
Current owner
From public records · entity-resolved
602 Piney Grove Rd Kernersville LLC
Entity
Free & Clear · 0 yrs held
Mailing address
602 PINEY GRV RD, KERNERSVILLE, NC 27284-2333
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2026
$3,179,500
602 Piney Grove Rd Kernersville LLC
Gabriel Retirement Services LLC
Warranty Deed
—
Jun 8, 2023
—
Gabriel Retirement Services LLC
—
Deed
related
$7,595,400 · The Fidelity Bank
Feb 12, 2018
—
Gabriel Retirement Svcs LLC
—
Deed
related
$480,000 · Guy S Pierce
Oct 23, 2014
—
Gideon Retirement LLC
—
Grant Deed
related
$4,547,633 · Branch Bk&tr
Apr 1, 2004
$1,926,000
Gabriel Retirement Services
Piedmont Manor INC
Grant Deed
$150,000 · Branch Banking & Trust Co
—
—
Gabriel Retirement Svcs LLC
—
Deed Of Trust
related
$480,000 · Guy S Pierce
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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