508 Arbor Hill RdKernersville, NC 27284

Property Details for 508 Arbor Hill Rd

Year built

1986

Construction

BRICK

Lot size

0.65 AC

Property size (Sq ft)

6,776 SF

Zone code

HB

Property type

Office properties

APN

6876-80-3342.00

APU

687680334200

Description

This exceptional 2,093 square foot office space is ideally situated in Kernersville, North Carolina, at 508 Arbor Hill Road, offering convenient access to US-421 and I-40. The property boasts a recently completed renovation and is available for single-tenant occupancy. The building features two stories, with the main office space occupying approximately 2,093 square feet on the first floor. This thoughtfully designed space includes six private offices, providing ample room for individual work or small teams. A welcoming reception/lobby area creates a professional first impression, while a dedicated private restroom ensures convenience. A shared break room offers a comfortable space for employees to relax and collaborate. The property also includes abundant surface parking with 20+ spaces, ensuring convenient parking for staff and clients. The 0.65-acre lot provides ample space and is zoned HB. Its location less than half a mile from US-421 and four miles from I-40 makes commuting a breeze. This property is perfect for businesses seeking a modern, well-equipped office space in a thriving Kernersville community. The property is located in Forsyth County, North Carolina, with a zip code of 27284.

• CAP approach

  CAP return

  Valuation

  6%

  $743,407

  6.5%

  $686,222

  7%

  $637,206

• Comparable approach

  Method

  Valuation

  Relative Method

  $860,098

  Geo Method

  $1,147,448

• Alternative Use

  Use

  Valuation

  Residential

  $850,915

  Hospitality

  $779,433

  Educational

  $648,479

  Medical

  $670,782

  Retail

  $1,008,746

Location Insight

City

Kernersville

County

Forsyth

State

North Carolina

Latitude

36.1089

Longitude

-80.0889

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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