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    Property profile & analytics

    505 Highland Oaks Dr Winston Salem, NC 27103-7104

    • Turn key restaurants
    • 6,067 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1202908
    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

    • Outback Steakhouse / Gluten-Free Restaurant / Takeout Restaurant

    Property Details for 505 Highland Oaks Dr

    Year built
    1993
    Construction
    WOOD FRAME
    Lot size
    1.70 lot acres
    Property size
    6,067 SF
    Zone code
    GB-S
    Property type
    Turn key restaurants
    APN
    6814-54-4155.00
    APU
    681454415500

    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
    Forsyth
    State
    North Carolina
    Longitude
    -80.301
    Latitude
    36.0625
    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
    $26,685
    $1,124,900
    $777,400
    $1,902,300
    -
    $1,124,900
    $777,400
    $1,902,300

    Comparable in this City

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      100 Stratford Cmns Ct

      RESTAURANT • 6,261 SF
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      513 Jonestown Rd

      RESTAURANT • 1,750 SF
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      1650 Hanes Mall Blvd

      RESTAURANT • 4,154 SF
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      6,348 SF

      175 Harvey St

      RESTAURANT • 6,348 SF
      175 Harvey St, Winston Salem, NC 27103-1748
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      $255,000
      2,664 SF

      1816 Silas Crk Pkwy

      RESTAURANT • 2,664 SF
      1816 Silas Crk Pkwy, Winston Salem, NC 27103-5144
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      1.3k
    • Avg Time on site
      514 min
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    505 Highland Oaks Dr
    Winston Salem, NC 27103-7104
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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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