860 Salisbury StKernersville, NC 27284

Property Details for 860 Salisbury St

Year built

1989

Construction

WOOD

Lot size

1.99 AC

Property size (Sq ft)

4,340 SF

Zone code

HB-S

Property type

Office properties

APN

6886-10-2279.00

APU

688610227900

Description

This exceptional 820-square-foot office suite is situated within a well-maintained, two-story brick building in the desirable Kernersville area. Built in 1989, the property sits on a generous 1.99 acres and is zoned HBS. The suite itself is a recently updated, single unit within a larger multi-tenant building totaling 4,755 square feet, comprised of five individual suites. This particular space offers a functional layout including one executive office complete with a full bathroom, a second office, and two additional bathrooms (one full). A spacious entryway/reception area provides a professional welcome for clients and visitors. The suite is immediately available. Utilities are handled efficiently with water, sewer, gas, and trash removal covered by the landlord; tenants are only responsible for electricity and operating expenses. The minimum divisible space is 820 square feet, and the maximum contiguous space available is also 820 square feet. This presents a fantastic opportunity for a small business or professional seeking a move-in ready office space in a convenient location within Forsyth County.

• CAP approach

  CAP return

  Valuation

  6%

  $476,149

  6.5%

  $439,522

  7%

  $408,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $550,889

  Geo Method

  $734,936

• Alternative Use

  Use

  Valuation

  Residential

  $545,007

  Hospitality

  $499,224

  Educational

  $415,348

  Medical

  $429,633

  Retail

  $646,098

Location Insight

City

Kernersville

County

Forsyth

State

North Carolina

Latitude

36.1089

Longitude

-80.0789

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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