Property profile

706 Crosscreek Rd Kernersville, NC 27284

OFF-MARKET
Commercial real estate
Property ID
US53-5449184
1,020 SF 2.57 ac lot Built 2019
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2019
Total area 1,020 SF
Lot 2.57 ac (111,949 SF)
Zoning code LB
APN 168739
UPID US53-5449184

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Bank Credit Union

Location

706 Crosscreek Rd Kernersville, NC 27284-8403
Kernersville metro Census 16201 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.48M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.43M

Owner & transaction history

since 2021
Last sale
$2.2M
6 recorded transactions
2021
$2.2M
2019
$1.8M
2019
$399,000
2016
Price N/A
2008
$85,000
2007
Price N/A

Zoning & alternative use

LB · Kernersville, NC
Zoning description

LB Districts are limited to a maximum of thirty percent (30%) of the square footage within eac h building or of the total building square footage of the zoning lot. Noncommercial uses must be developed prior to or concur…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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