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Property profile & analytics
OFF-MARKET
Commercial land
Springvale Hl Dr Kernersville, NC 27284
Entity Owned
Free & Clear
Property ID
US53-3074145
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.18 ac (94,961 SF)
Zoning code
TND-S
APN
6884-37-7647.00
UPID
US53-3074145
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
PM DEVELOPMENT LLC
PM DEVELOPMENT LLC
Zoning & alternative use
TND-S · Kernersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The TND-S District is intended to promote compact mixed-use development projects that includes a range of housing types, a network of well connected streets, alleys and blocks, public spaces, and amenities such as stores, schools, and places of worship within walking distance of residences. TND projects incorporate many different high quality architectural s…
Zone name
Traditional Neighborhood Design Special Use
General category
MIXED_USE
Zone area
388.89 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,186
Tax year 2023
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Lot
2.18 ac (94,961 SF)
Zoning code
TND-S
APN
6884-37-7647.00
UPID
US53-3074145
Jurisdiction
FORSYTH
Zoning & alternative use
TND-S · Kernersville, NCZoning TND-S · permitted uses
TND-S · Kernersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The TND-S District is intended to promote compact mixed-use development projects that includes a range of housing types, a network of well connected streets, alleys and blocks, public spaces, and amenities such as stores, schools, and places of worship within walking distance of residences. TND projects incorporate many different high quality architectural styles and site plan design elements to create an enhanced livable neighbors.
Zone name
Traditional Neighborhood Design Special Use
General category
MIXED_USE
Zone area
388.89 ac
Source
Realmo
Building & site characteristics
From public records
Lot
2.18 ac
Current owner
From public records · entity-resolved
PM DEVELOPMENT LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 5323, WINSTON SALEM, NC 27113-5323
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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