Property summary
This exceptional 1.24-acre commercial and industrial land parcel, located at 843 Old Winston Road in Kernersville, North Carolina (APN 6876-71-8370), presents a unique development opportunity. Zoned GB-S, this property offers significant flexibility for a variety of uses, including office, medical, retail, and light industrial projects. Its prime location directly behind J. Pepper's Southern Grille and Kernersville Pharmacy ensures high visibility and convenient access for potential businesses. The property's strategic positioning provides excellent potential for signage visibility along US-421/Salem Parkway, maximizing marketing opportunities. The asking price for this exceptional parcel is $475,000. With its versatile zoning, desirable location, and high visibility, this 1.24-acre lot represents a compelling investment prospect for developers and entrepreneurs seeking a strategic foothold in the thriving Kernersville market. The property's Forsyth County address and 27284 zip code further highlight its convenient location within the community. This is a rare opportunity to acquire a well-situated, developable land parcel in a high-growth area.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Home Decor Store Department Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The GB-S District is primarily intended to accommodate a wide range of retail, service, and office uses located along thoroughfares in areas which have developed with minimal front setbacks. However, the district is not…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
GB-S · Kernersville, NCThe GB-S District is primarily intended to accommodate a wide range of retail, service, and office uses located along thoroughfares in areas which have developed with minimal front setbacks. However, the district is not…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The GB-S District is primarily intended to accommodate a wide range of retail, service, and office uses located along thoroughfares in areas which have developed with minimal front setbacks. However, the district is not…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GB-S in Kernersville, NC.
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Find the owner behind the property.
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