251 Gretas Way CtKernersville, NC 27284

Property Details for 251 Gretas Way Ct

Year built

2021

Construction

CONCRETE

Lot size

1.42 AC

Property size (Sq ft)

16,720 SF

Zone code

LI-S

Property type

Industrial properties

APN

6885-44-8123.00

APU

688544812300

Description

This exceptional 6,200-square-foot light industrial flex space at 251 Gretas Way, Suite 102, Kernersville, NC 27284, is available for lease. Built in 2023, the property boasts a single-tenant occupancy and is immediately available. The space features a functional layout including two offices and a convenient kitchen break area, perfect for a variety of businesses. High ceilings, ranging from 14 to 16 feet, provide ample vertical space. Access is convenient with one dock-high door and one drive-in door, facilitating efficient loading and unloading. The property is zoned for light industrial use, aligning with a broad range of potential tenants. Ample parking is provided with 21 spaces available. Located in Forsyth County, this property offers easy access to major transportation routes. The space is currently available for lease, offering a move-in ready solution for your business needs. This is a fantastic opportunity to secure a modern, well-equipped industrial space in a desirable location. The property's features and location make it an ideal choice for businesses seeking efficient and functional workspace. The building's recent construction ensures modern amenities and energy efficiency.

• CAP approach

  CAP return

  Valuation

  6%

  $4,639,030

  6.5%

  $4,282,180

  7%

  $3,976,310

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,395,710

  Geo Method

  $4,530,180

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,097,210

  Mixed-Use / Specialty

  $2,011,980

  Hospitality / Lodging

  $1,374,900

  Office

  $1,919,040

  Institutional / Educational

  $2,063,860

  Residential Income

  $2,414,720

  Multifamily

  $3,327,130

  Automotive / Energy

  $1,769,020

  Parking / Income-Based Land

  $687,287

  Restaurant / Food Service

  $880,508

  Healthcare / Senior Housing

  $2,142,980

Location Insight

City

Kernersville

County

Forsyth

State

North Carolina

Latitude

36.0921

Longitude

-80.0667

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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