Property profile

900 Old Winston Rd Kernersville, NC 27284

OFF-MARKET
Office Spaces
Property ID
US53-5534916
28,612 SF 3.08 ac lot Built 2007
Individually Owned Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2007
Total area 28,612 SF
Lot 3.08 ac (134,165 SF)
Zoning code LI
APN 6876-51-8791.00
UPID US53-5534916

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
  • Physician
  • Alternative Medicine Practice
  • Physician
  • Financial Advisor
  • Crisis Center Medical Clinic

Location

900 Old Winston Rd Kernersville, NC 27284-9964
Kernersville metro Census 3004 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.46M
Comparable Approach Comparable
$5.15M
Blend (final) Blend
$5.38M

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2025
Price N/A
2025
$180,000
2024
$439,500
2024
Price N/A
2023
$260,000
2022
$210,000

Zoning & alternative use

LI · Kernersville, NC
Zoning description

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…

General category INDUSTRIAL
Top alternative use upside
Medical building $5.3M +44.4%
Auto repair, garage $4.3M +16.1%
Retail stores $4.3M +15.3%

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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