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Property profile & analytics
OFF-MARKET Estimated value $285,000
Industrial land

Shields Rd Kernersville, NC 27284

1.42 ac lot
Entity Owned 21-yr Hold Free & Clear
Property ID
US53-3689123
Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.42 ac (61,855 SF)
Zoning code GI
APN 6885-54-5614.00
UPID US53-3689123
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k
Owner & transaction history
City Of Winston-salem · 21 yrs held
City Of Winston-salem
since 2004
1 recorded transaction
2004
$154,500
Zoning & alternative use
GI · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

GI no maximum Accessory motor vehicle storage yards in the LB and PB Districts shall have a maximum size of three thousand (3,000) square feet. (B) Repair Work or Sale of Vehicles No repair work shall be done on motor vehicles while stored in the storage yard. No parts or other articles may be removed from the vehicles except for security purposes, nor shall…

Zone name General Industrial
General category INDUSTRIAL
Zone area 1,002.63 ac
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