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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Medical Office Space
815 Old Winston Rd, Kernersville, NC 27284-7124
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-0299894
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
BRICK
Total area
7,280 SF
Lot
0.47 ac (20,473 SF)
Zoning code
HB
APN
6876-81-5539.00
UPID
US53-0299894
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
-
Kernersville Pediatrics: Rice Nicole MD Pediatrician Medical Clinic
-
Dr. Rebecca P. Ball, MD Pediatrician Medical Clinic
-
Brenner Children's Hospital - Pediatrics - Kernersville Medical Clinic
-
1st In ProActive Care LLC Home Health Care Service
-
Mosaic Pediatric Therapy - Kernersville Medical Clinic Pediatrician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$835k
Owner & transaction history
Mosaic Group LLC · 4 yrs held
Mosaic Group LLC
since 2022
7 recorded transactions
Zoning & alternative use
HB · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,360,000
Current use
AUTO REPAIR, GARAGE
$1,095,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±10%
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
$115 / 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
$9,169
Tax year 2024
Assessed value
$699,000
Assessed 2024
Previous assessed
$699,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$240,800
Assessed improvement
$458,200
Land market value
$240,800
Improvement market value
$458,200
Total market value
$699,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
7,280 SF
Lot
0.47 ac (20,473 SF)
Zoning code
HB
APN
6876-81-5539.00
UPID
US53-0299894
Jurisdiction
FORSYTH
Zoning & alternative use
HB · Kernersville, NC
Zoning HB · permitted uses
HB · 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
MEDICAL BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
1983
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Mosaic Group LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 9TH 9, KERNERSVILLE, NC 27285-0009
Mailing matches property
Yes
Owner-occupied
Yes
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
Apr 7, 2022
—
Mosaic Group LLC
Vt Capital Partners LLC
Lease
—
Jan 27, 2017
—
Vt Capital Partners LLC
—
Deed
related
$815,000 · Bank Of Nc
Jul 7, 2015
$525,000
Vt Capital Partners LLC
Savannas LLC
Warranty Deed
$424,000 · Bank Of Nc
Jun 30, 2010
$440,000
Savannas LLC
Hilemn Properties LLC
Warranty Deed
$465,000 · First Citizens Bank & Trust Co
Feb 17, 2006
—
Hilemn Properties LLC
Hilemn,robert P & Brenda G
Quit Claim Deed
—
Apr 6, 2000
$382,500
Robert P Hilemn
Parker Horizons LLC
Grant Deed
$265,000 · Gibsonville Community Savings
—
—
Hilemn Properties LLC
—
Deed Of Trust
related
$250,000 · Bank Of Oak Ridge
—
—
Vt Capital Partners LLC
—
Deed Of Trust
related
$815,000 · Bank Of Nc
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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