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    Property profile & analytics

    510 Martin Luther King Jr Dr Winston Salem, NC 27101-4331

    • Drive through restaurants
    • 3,132 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Last Sale
    Jun 21, 2023
    Location Intelligence
    Property ID
    US53-1994623
    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

    • Drive through restaurants

    Property Details for 510 Martin Luther King Jr Dr

    Year built
    1974
    Construction
    STEEL FRAME
    Lot size
    0.80 lot acres
    Property size
    3,132 SF
    Zone code
    HB
    Property type
    Drive through restaurants
    APN
    6835-67-9815.00
    APU
    683567981500

    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
    -80.229
    Latitude
    36.1009
    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
    $8,602
    $164,800
    $448,400
    $613,200
    -
    $164,800
    $448,400
    $613,200

    Comparable in this City

    • Value Estimation
      $405,000
      2,775 SF

      1125 Liberty St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,775 SF
      1125 Liberty St, Winston Salem, NC 27101-1628
      View Details
    • Value Estimation
      $335,000
      2,171 SF

      2600 New Walkertown Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,171 SF
      2600 New Walkertown Rd, Winston Salem, NC 27101-1949
      View Details
    • Value Estimation by Request
      5,240 SF

      780 Martin Luther King Jr Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,240 SF
      780 Martin Luther King Jr Dr, Winston Salem, NC 27101-4244
      View Details
    • Value Estimation by Request
      568 SF

      1521 5th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 568 SF
      1521 5th St, Winston Salem, NC 27101-3310
      View Details
    • Value Estimation
      $680,000
      3,516 SF

      1475 New Walkertown Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,516 SF
      1475 New Walkertown Rd, Winston Salem, NC 27101-3319
      View Details
    • Value Estimation by Request
      4,110 SF

      712 Brookstown Ave

      Restaurants • 4,110 SF
      712 Brookstown Ave, Winston-Salem, NC 27101
      View Details

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      View Details
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    510 Martin Luther King Jr Dr
    Winston Salem, NC 27101-4331
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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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