New search
Property profile & analytics
OFF-MARKET
Warehouses
700 Main St, Kernersville, NC 27284-2424
Entity Owned
Free & Clear
Property ID
US53-5805579
Property summary
AI-generated overview
This expansive industrial property, located at 700 N Main St, Kernersville, NC 27284, comprises two buildings totaling 384,020 square feet on a generous 38.8-acre lot. The property, built in 1965 and renovated in 2003, offers flexible space options, with a minimum divisible unit of 29,810 square feet and currently 363,237 square feet vacant. The buildings feature 79 dock-high doors, four drive-in doors, and ample parking for 250 vehicles. Ceiling heights range from 14 to 35 feet, providing versatile space for various industrial uses. The property boasts 4,000 amps of power and is zoned LI-S (Limited Industrial - Special). Its strategic location in Forsyth County, North Carolina, provides excellent access to major transportation routes. The property's substantial size, ample parking, and high-clearance ceilings make it ideal for manufacturing, warehousing, and distribution operations. The property is available for sale or lease, presenting a significant opportunity for businesses seeking a large-scale industrial facility in a prime location. The APN is 6886-66-2425.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1964
Total area
363,208 SF
Lot
38.8 ac (1,690,128 SF)
Zoning code
LI,LI-S,RS7
APN
6886-66-2425.00
UPID
US53-5805579
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
-
RJ Reynolds / DSC Logistics Warehouse & Storage
-
CJ Logistics Warehouse & Storage
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
700 N Main St LLC
700 N Main St LLC
since 2025
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
LI,LI-S,RS7 · 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
$72,453
Tax year 2024
Assessed value
$4,417,100
Assessed 2024
Previous assessed
$4,417,100
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,213,800
Assessed improvement
$2,203,300
Land market value
$2,213,800
Improvement market value
$2,203,300
Total market value
$4,417,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Heating
NONE
Buildings
2
Stories
1
Total area
363,208 SF
Lot
38.8 ac (1,690,128 SF)
Zoning code
LI,LI-S,RS7
APN
6886-66-2425.00
UPID
US53-5805579
Jurisdiction
FORSYTH
Zoning & alternative use
LI,LI-S,RS7 · Kernersville, NC
Zoning LI,LI-S,RS7 · permitted uses
LI,LI-S,RS7 · 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
1964
Heating
NONE
Stories
1
Buildings
2
Lot
38.8 ac
Current owner
From public records · entity-resolved
700 N Main St LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 69, JAMESTOWN, NC 27282-0069
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
—
700 N Main St LLC
Mccall Rentals II LLC
Warranty Deed
—
Sep 30, 2025
$1,900,000
700 N Main St LLC
Mccall Rentals II LLC
Warranty Deed
$28,000,000 · Mizzen Management LLC
Sep 25, 2025
—
Mccall Venture Management LLC
Mccall Rentals II LLC
Deed
related
—
May 14, 2010
$4,000,000
Mac & Mac LLC
Hanesbrands INC
Warranty Deed
—
May 14, 2010
—
Mac & Mac LLC
Hanesbrands INC
Other
—
Mar 22, 2010
—
Hanesbrands INC
—
Deed Of Trust
related
$1,150,000,000 · J P Morgan Chase Bank
Sep 1, 2006
—
Hanesbrands INC
Sara Lee Corp
Grant Deed
related
—
Apr 29, 2003
$500
Kernersville Town Nc
Neal,ray E & Marie C
Grant Deed
related
—
Apr 2, 2003
$12,000
Kernersville Town Nc
Sara Lee Sock Co
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
