556 Arbor Hill RdKernersville, NC 27284
- Mixed-use properties
- 16,512 SF
Property Details for 556 Arbor Hill Rd
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 1.61 AC
- Property size (Sq ft)
- 16,512 SF
- Zone code
- HB
- Property type
- Mixed-use properties
- Property subtype
- Other industrial properties
- APN
- 6876-70-8304.00
- APU
- 687670830400
Description
This exceptional 4,588 square foot office and flex space is ideally situated at 556 Arbor Hill Road in Kernersville, North Carolina, within Forsyth County. Built in 1988, the property offers a versatile layout suitable for a variety of businesses. The entire building, totaling 4,588 square feet, is currently available for lease as a single unit, presenting a unique opportunity for a company seeking ample space. The property is classified as both office and industrial, catering to businesses requiring a blend of office and flex space. The ample parking provision of 4.02 spaces per 1,000 square feet ensures convenient parking for employees and clients. The property's location in Kernersville, NC, zip code 27284, offers easy access to major transportation routes and local amenities. This is a multi-tenant building, however, the entire space is currently vacant and ready for immediate occupancy. This presents a rare chance to secure a substantial and adaptable workspace in a desirable location. The property's flexible nature makes it suitable for a wide range of business needs, from executive offices to light industrial operations. Interested parties are encouraged to inquire for further details and to schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,246,335
- 6.5%
- $2,073,540
- 7%
- $1,925,430
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,248,671
- Geo Method
- $4,334,020
-
Alternative Use
- Use
- Valuation
- Residential
- $2,073,540
- Hospitality
- $1,899,351
- Educational
- $1,580,238
- Medical
- $1,634,585
- Retail
- $2,458,148
Location Insight
- City
- Kernersville
- County
- Forsyth
- State
- North Carolina
- Latitude
- 36.109
- Longitude
- -80.0907
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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