Property summary
This exceptional investment opportunity presents a Class B, 4,701 square foot medical office building located in Kernersville, North Carolina. The property, situated at 900 Old Winston Rd, consists of two units (222 and 320) within the desirable Linville Professional Center. Currently leased to Wake Forest Health Network under a five-year modified gross lease, the property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $69,650. The asking price is $995,000, translating to a price per square foot of $211.66. Built in 2007, the single-building property is zoned for office use and features a convenient location with easy access to Business 40 and South Main Street. The property's location within the Carolina Core ensures high visibility and accessibility for patients and staff. This turnkey investment offers a stable income stream with a creditworthy tenant, making it an attractive opportunity for discerning investors seeking a strong return on investment in a thriving medical market. The Forsyth County location and the established tenant provide a secure and profitable investment prospect. The property's APN is 6876-51-8519 & 6876-51-8527.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Alternative Medicine Practice
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Physician
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Financial Advisor
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Crisis Center Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
a. Limited Industrial Uses Allowed . Industrial uses permitted in the LI District which are specifically related to the principal use are permitted to a maximum of thirty percent (30%) of the square footage within each b…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
LI · Kernersville, NCa. Limited Industrial Uses Allowed . Industrial uses permitted in the LI District which are specifically related to the principal use are permitted to a maximum of thirty percent (30%) of the square footage within each b…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
a. Limited Industrial Uses Allowed . Industrial uses permitted in the LI District which are specifically related to the principal use are permitted to a maximum of thirty percent (30%) of the square footage within each b…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Kernersville, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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