900 Old Winston Rd Kernersville, NC 27284-9964
Property profile & analytics
900 Old Winston Rd Kernersville, NC 27284-9964
- Office Spaces
- 28,612 SF
- 3.08 lot acres
Property ID
US53-5534916
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 900 Old Winston Rd
- Year built
- 2007
- Lot size
- 3.08 lot acres
- Property size
- 28,612 SF
- Zone code
- LI
- Property type
- Office Spaces
- APN
- 6876-51-8791.00
- APU
- 687651879100
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,830,000
- 6.5%
- $4,455,000
- 7%
- $4,140,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,145,000
- AI Estimate
- $6,516,000
Market price range: $2.41M - $5.15MMarket price range: $2.12M - $6.52M -
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
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kernersville
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.0973
- Latitude
- 36.1127
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,148
$0.00
$5,327,900
$5,327,900
-
$0.00
$5,327,900
$5,327,900
