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    Property profile & analytics

    1199 Nc 8th And 89th S Hwy Walnut Cove, NC 27052-5704

    • Grocery and convenience stores
    • 3,632 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US53-3682693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1199 Nc 8th And 89th S Hwy

    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.50 lot acres
    Property size
    3,632 SF
    Property type
    Grocery and convenience stores
    APN
    694602662927
    APU
    694602662927

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $350,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $375,000
      Mixed-Use
      $295,000
      Hospitality
      $330,000
      Educational
      $380,000
      Residential Income
      $275,000
      Energy
      $370,000
      Income-Based Land
      $340,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Cove
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.202212
    Latitude
    36.400138
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2015
    $1,426
    $22,000
    $173,300
    $195,300
    -
    $22,000
    $173,300
    $195,300

    Comparable in this City

    • Value Estimation
      $325,000
      2,830 SF

      1010 Easley Rd

      CONVENIENCE STORE • 2,830 SF
      1010 Easley Rd, Walnut Cove, NC 27052-7210
      View Details
    • Value Estimation by Request
      38,248 SF

      Walnut Cove, NC 27052

      GROCERY, SUPERMARKET • 38,248 SF
      Walnut Cove, NC 27052
      View Details
    • Value Estimation by Request
      2,262 SF

      634 Main St

      CONVENIENCE STORE • 2,262 SF
      634 Main St, Walnut Cove, NC 27052-8310
      View Details
    • Value Estimation
      $220,000
      3,632 SF

      1199 Nc 8th And 89th S Hwy

      CONVENIENCE STORE • 3,632 SF
      1199 Nc 8th And 89th S Hwy, Walnut Cove, NC 27052-5704
      View Details
    • Value Estimation by Request
      2,400 SF

      111 Main St

      CONVENIENCE STORE • 2,400 SF
      111 Main St, Walnut Cove, NC 27052-8305
      View Details
    • Value Estimation
      $160,000
      2,132 SF

      521 Main St

      CONVENIENCE STORE • 2,132 SF
      521 Main St, Walnut Cove, NC 27052
      View Details

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      Veterinary Hospital Opportunity

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    • Contact for pricing
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    Walnut Cove, NC 27052-5704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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