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    Property profile & analytics

    1214 Nc 8th And 89th S Hwy Walnut Cove, NC 27052-5705

    • Turn key restaurants
    • 2,494 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Mar 15, 2021
    $165,000
    Location Intelligence
    Property ID
    US53-3481823
    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

    • Turn key restaurants

    Property Details for 1214 Nc 8th And 89th S Hwy

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.86 lot acres
    Property size
    2,494 SF
    Zone code
    B-2
    Property type
    Turn key restaurants
    APN
    694602660557
    APU
    694602660557

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $170,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $200,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $205,000
      Mixed-Use
      $165,000
      Hospitality
      $215,000
      Educational
      $205,000
      Residential Income
      $220,000
      Energy
      $225,000
      Income-Based Land
      $185,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Cove
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.2024
    Latitude
    36.3998
    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
    2024
    $1,328
    $26,900
    $137,100
    $164,000
    -
    $26,900
    $137,100
    $164,000

    Comparable in this City

    • Value Estimation
      $205,000
      2,160 SF

      311 Hwy Rd

      RESTAURANT • 2,160 SF
      311 Hwy Rd, Walnut Cove, NC 27052
      View Details
    • Value Estimation
      $240,000
      3,841 SF

      234 Main St

      RESTAURANT • 3,841 SF
      234 Main St, Walnut Cove, NC 27052-9206
      View Details
    • Value Estimation
      $165,000
      1,588 SF

      419 Main St

      RESTAURANT • 1,588 SF
      419 Main St, Walnut Cove, NC 27052
      View Details
    • Value Estimation
      $525,000
      3,488 SF

      Walnut Cove, NC 27052

      RESTAURANT • 3,488 SF
      Walnut Cove, NC 27052
      View Details
    • Value Estimation by Request
      4,210 SF

      632 Main St

      RESTAURANT • 4,210 SF
      632 Main St, Walnut Cove, NC 27052-8310
      View Details
    • Value Estimation
      $290,000
      2,355 SF

      220 Main St

      RESTAURANT • 2,355 SF
      220 Main St, Walnut Cove, NC 27052-9206
      View Details

    Similar Nearby for Sale

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      2680 SF building suitable for retail, medical, or office use.
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    • $275,000

      Auto Sales and Repair Property

      Two-acre property with auto sales and repair history.
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    • $75,000
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      Ready-to-Build Lot in Walnut Cove

      1+ acre lot with utilities, shop, and mobile home.
      1031 Red Oak Dr, Walnut Cove, NC 27052
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    • $69,900

      Stokes County Land for Sale

      Land with cleared frontage, wooded backdrop, stream, and freshwater spring.
      0000 Augusta Hicks Rd, Walnut Cove, NC 27052
      View Details
    • $55,000
      3.43 Acres

      Walnut Cove Vacant Land

      3.43+/- acres of vacant land with utilities available.
      65 Nc Hwy, Walnut Cove, NC 27052
      View Details
    • $225,000
      27.90 Acres

      27 Acres in Walnut Cove

      27-acre tract with building sites and recreational opportunities.
      S Stokes School Rd, Walnut Cove, NC 27052
      View Details
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    Walnut Cove, NC 27052-5705
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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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