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Property profile & analytics
OFF-MARKET
Estimated value
$5,375,000
Office Spaces
900 Old Winston Rd, Kernersville, NC 27284-9964
Individually Owned
Free & Clear
Property ID
US53-5534916
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Regan Carly A Physician
-
Dr. Kimley Hensley Alternative Medicine Practice
-
Laura Cole, NP Physician
-
Edward Jones Financial Advisor
-
Therapists Help Crisis Center Medical Clinic
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
The Tuula L Mikkola Revocablet Rust
The Tuula L Mikkola Revocablet Rust
since 2026
7 recorded transactions
Zoning & alternative use
LI · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.3M
+44.4%
Auto repair, garage
$4.3M
+16.1%
Retail stores
$4.3M
+15.3%
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%
$4,830,000
6.5%
$4,455,000
7%
$4,140,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,700,000
Current use
MEDICAL BUILDING
$5,345,000
Change: +44% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,295,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$4,265,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$5.38M
Range $4.84M – $5.91M · ±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
$188 / 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
$1,148
Tax year 2024
Assessed value
$5,327,900
Assessed 2024
Previous assessed
$5,327,900
+0.0% YoY
Effective rate
0.02%
On assessed value
Assessed improvement
$5,327,900
Improvement market value
$5,327,900
Total market value
$5,327,900
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Stories
1
Total area
28,612 SF
Lot
3.08 ac (134,165 SF)
Zoning code
LI
APN
6876-51-8791.00
UPID
US53-5534916
Jurisdiction
FORSYTH
Zoning & alternative use
LI · Kernersville, NC
Zoning LI · permitted uses
LI · 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
COMMERCIAL (GENERAL) Current
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.3M
RETAIL STORES
Est. value
$4.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2007
Heating
NONE
Stories
1
Buildings
2
Lot
3.08 ac
Current owner
From public records · entity-resolved
The Tuula L Mikkola Revocablet Rust
Individual
Free & Clear · 0 yrs held
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
—
The Tuula L Mikkola Revocablet Rust
Tuula L Mikkola
Deed
related
—
Aug 20, 2025
—
Timothy A Mellon
—
Deed
related
$190,000 · Atlantic Union Bank
Jun 17, 2025
$180,000
Timothy A Mellon
Ghg Holdings LLC
Warranty Deed
—
Nov 12, 2024
$439,500
Unico Insurance Company Ltd
Payneapple Investments LLC
Special Warranty Deed
—
May 14, 2024
—
Wake Forest Health Network LLC
Albrecht Winston Realty LLC
Lease
—
Mar 15, 2023
$260,000
Fabian R Puentes
Has Properties Co LLC
Warranty Deed
—
Jul 20, 2022
$210,000
Tuula Luoma Mikkola
Haven Redevelopment Group INC
Warranty Deed
—
Dec 14, 2021
—
Old Winston Company LLC
Peacehaven Professional Builders Ll
Quitclaim Deed
related
—
Dec 22, 2020
$240,000
Craig And Ali Properties LLC
Fer LLC
Special Warranty Deed
$192,000 · American National Bank & Trust Co
Oct 1, 2020
—
Hicks Connor Real Estate Investment
—
Deed
related
$440,000 · First Community Bank
Jun 29, 2020
$148,500
True Propose LLC
Hancock Blaesing LLC
Special Warranty Deed
$126,225 · The Fidelity Bank
Jun 23, 2020
—
Hancock Blaesing LLC
Ann M Blaesing
Quitclaim Deed
—
Apr 14, 2020
—
Payneapple Investments LLC
—
Deed
related
$284,750 · Truist Bk
Dec 16, 2019
—
Bradley Kurth
Pamela L Mitchell
Grant Deed
—
Apr 18, 2019
$305,000
Payneapple Investments LLC
Pura Vida Properties LLC
Warranty Deed
$288,000 · Cogent Bank
Jan 14, 2019
$150,000
Haven Redevelopment Group INC
Apple Rogers Real Estate Investment
Warranty Deed
$97,500 · Finance Of America Mortgage LLC
Jul 20, 2018
$91,000
Julie R Whatley Revocable Living Tr
Stephen E Dotson
Warranty Deed
$149,600 · The Fidelity Bank
Jul 13, 2018
—
5 Girls & A Guy LLC
—
Deed
related
$250,000 · First Citizens Bk
Mar 13, 2018
$200,000
5 Girls & A Guy LLC
Atlantic Building Solutions Ll
Warranty Deed
—
Feb 20, 2018
—
Gary R Albrecht
—
Deed
related
$350,000 · First Nat'l Bk/pa
Dec 4, 2017
—
Atlantic Building Solutions LLC
—
Deed
related
$65,000 · The Fidelity Bank
Dec 30, 2016
—
5 Girls And A Guy LLC
—
Deed
related
$796,043 · First Citizens Bank & Trust Co
Jun 29, 2016
—
Hicks Connor R & E Invs LLC
Connor & Co INC
Quitclaim Deed
—
Jun 8, 2016
$167,500
Hicks Connor Real Estate Investment
Lin Zhang
Warranty Deed
—
Jun 8, 2016
—
Connor & Company INC
—
Deed
related
$357,035 · First Community Bank
Jun 2, 2010
—
Highmark Properties LLC
—
Trustees Deed
related
—
May 2, 2008
$295,000
Laurel Creek Holdings LLC
Highmark Properties LLC
Warranty Deed
related
$600,000 · Bank Of North Carolina
Jul 13, 2006
$400,000
Highmark Properties LLC
Linville,joyce G
Warranty Deed
$415,000 · Bank Of North Carolina
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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