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    Property profile & analytics

    505 Burwood Dr Winston Salem, NC 27127-3209

    • Office buildings
    • 1,032 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1697510
    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

    • Waterview Salon / Hair Salon

    Property Details for 505 Burwood Dr

    Year built
    2008
    Construction
    FRAME
    Lot size
    0.02 lot acres
    Property size
    1,032 SF
    Zone code
    PDHC
    Property type
    Office buildings
    APN
    03-003-T-000-0505
    APU
    03003T0000505

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2689
    Latitude
    35.9902
    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
    2023
    $797
    $0.00
    $0.00
    $124,510
    -
    $25,000
    $99,510
    $124,510

    Comparable in this City

    • Value Estimation by Request
      1,329 SF

      204 Fair Oaks Ln

      OFFICE BUILDING • 1,329 SF
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    • Value Estimation
      $125,000
      1,331 SF

      303 Fair Oaks Ln

      OFFICE BUILDING • 1,331 SF
      303 Fair Oaks Ln, Winston Salem, NC 27127-3208
      View Details
    • Value Estimation
      $125,000
      1,037 SF

      101 Fair Oaks Ln

      OFFICE BUILDING • 1,037 SF
      101 Fair Oaks Ln, Winston Salem, NC 27127-3173
      View Details
    • Value Estimation by Request
      480 SF

      111 Essick Ln

      OFFICE BUILDING • 480 SF
      111 Essick Ln, Winston Salem, NC 27127-9129
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    • Value Estimation by Request
      1,331 SF

      202 Fair Oaks Ln

      OFFICE BUILDING • 1,331 SF
      202 Fair Oaks Ln, Winston Salem, NC 27127-3178
      View Details
    • Value Estimation by Request
      1,032 SF

      107 Fair Oaks Ln

      OFFICE BUILDING • 1,032 SF
      107 Fair Oaks Ln, Winston Salem, NC 27127-3173
      View Details

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    505 Burwood Dr
    Winston Salem, NC 27127-3209
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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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