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    Property profile & analytics

    305 Main St Danbury, NC 27016-7664

    • Turn key restaurants
    • 1,989 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 12, 2022
    $35,000
    Location Intelligence
    Property ID
    US53-3733606
    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 305 Main St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.39 lot acres
    Property size
    1,989 SF
    Zone code
    B-1
    Property type
    Turn key restaurants
    APN
    694719506270
    APU
    694719506270

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.204
    Latitude
    36.4097
    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
    $895
    $19,700
    $63,200
    $82,900
    -
    $19,700
    $63,200
    $82,900

    Comparable in this City

    • Value Estimation by Request
      7,888 SF

      500 Main St

      RESTAURANT • 7,888 SF
      500 Main St, Danbury, NC 27016
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    • Value Estimation
      $205,000
      1,611 SF

      1050 Smurf Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 1,611 SF
      1050 Smurf Rd, Danbury, NC 27016-7411
      View Details
    • Value Estimation by Request
      2,800 SF

      3198 Nc 89th W Hwy

      AUTO REPAIR, GARAGE • 2,800 SF
      3198 Nc 89th W Hwy, Danbury, NC 27016
      View Details
    • Value Estimation by Request
      6,500 SF

      2549 Nc-8

      Individual retail properties • 6,500 SF
      2549 Nc-8, Danbury, NC 27016
      View Details
    • Value Estimation by Request

      1426 Peter Mabe Rd

      Farms
      1426 Peter Mabe Rd, Danbury, NC 27016
      View Details
    • Value Estimation
      $215,000
      7,500 SF

      3901 Nc 8th N Hwy

      DEPARTMENT STORE • 7,500 SF
      3901 Nc 8th N Hwy, Danbury, NC 27016-7102
      View Details

    Similar Nearby for Sale

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      18.28-acre property in Dan River Sunset community.
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      Land Adjoining Hanging Rock Park

      118+/- acres of land adjacent to Hanging Rock State Park.
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    • New
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      46.44-acre parcel in Stokes County, ideal for nature enthusiasts.
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    305 Main St
    Danbury, NC 27016-7664
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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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