New search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Warehouses
705 Park Lawn Ct, Kernersville, NC 27284-8967
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0298323
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
4,131 SF
Lot
0.83 ac (36,155 SF)
Zoning code
LI
APN
6886-53-9591.00
UPID
US53-0298323
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$445k
Blend (final)
Blend
$580k
Owner & transaction history
Amanzi Marble & Granite LLC · 4 yrs held
Amanzi Marble & Granite LLC
since 2022
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
LI · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$770,000
+79.8%
Auto repair, garage
$620,000
+44.6%
Retail stores
$615,000
+43.5%
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
$750,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$430,000
Current use
MEDICAL BUILDING
$770,000
Change: +80% · Conversion: Difficult
AUTO REPAIR, GARAGE
$620,000
Change: +45% · Conversion: Easy
RETAIL STORES
$615,000
Change: +44% · Conversion: Moderate
COMMERCIAL (GENERAL)
$535,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $550k (Mar 2 2022)
Last sale anchor
$550k
Mar 2 2022
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
$140 / 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
$2,463
Tax year 2024
Assessed value
$238,600
Assessed 2024
Previous assessed
$238,600
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$107,900
Assessed improvement
$130,700
Land market value
$107,900
Improvement market value
$130,700
Total market value
$238,600
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
2002
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
4,131 SF
Lot
0.83 ac (36,155 SF)
Zoning code
LI
APN
6886-53-9591.00
UPID
US53-0298323
Jurisdiction
FORSYTH
Zoning & alternative use
LI · Kernersville, NC
Zoning LI · permitted uses
LI · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$430,000
MEDICAL BUILDING
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$620,000
RETAIL STORES
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$535,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Amanzi Marble & Granite LLC
Entity
Mailing address
8132 ZINFANDEL DR, KERNERSVILLE, NC 27284-6716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
—
Amanzi Marble & Granite LLC
Kings Landing LLC
Lease
—
Mar 2, 2022
$3,300,000
Cam Properties Of Nc LLC
Kings Landing LLC
Warranty Deed
$2,508,000 · The Fidelity Bank
Jul 19, 2019
$2,825,000
Kings Landing LLC
Elite Property Investments LLC
Correction Deed
—
May 25, 2016
$282,500
King S Landing LLC
Elite Property Investments LLC
Warranty Deed
—
May 25, 2016
—
Kings Landing LLC
Elite Property Investments LLC
Grant Deed
—
Dec 31, 2012
$3,350,000
Elite Property Investments LLC
Hal LLC
Grant Deed
$2,400,000 · Wells Fargo Bank
Jun 24, 2004
—
Hal LLC
—
Deed Of Trust
related
$2,950,000 · Wachovia Bank NA
Dec 7, 2001
$80,000
Hal LLC
Piedmont East Development LLC
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 705 Park Lawn Ct?
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.
