Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5415 Gumtree Rd Winston Salem, NC 27107-8695

    • Turn key restaurants
    • 3,056 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1632242
    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

    • Mamma Mia's Italian Pizzeria / Italian Restaurant / Fast Food Restaurant

    Property Details for 5415 Gumtree Rd

    Year built
    2009
    Construction
    FRAME
    Lot size
    0.74 lot acres
    Property size
    3,056 SF
    Zone code
    CS
    Property type
    Turn key restaurants
    APN
    01-002-0-000-0017-D
    APU
    0100200000017D

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.1627
    Latitude
    36.0245
    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
    $4,607
    $0.00
    $0.00
    $667,640
    -
    $290,110
    $377,530
    $667,640

    Comparable in this City

    • Value Estimation
      $280,000
      1,509 SF

      902 Sprague St

      RESTAURANT • 1,509 SF
      902 Sprague St, Winston Salem, NC 27107-3427
      View Details
    • Value Estimation
      $300,000
      1,412 SF

      2201 Old Lexington Rd

      RESTAURANT • 1,412 SF
      2201 Old Lexington Rd, Winston Salem, NC 27107-3231
      View Details
    • Value Estimation
      $365,000
      1,020 SF

      4388 Thomasville Rd

      RESTAURANT • 1,020 SF
      4388 Thomasville Rd, Winston Salem, NC 27107-7046
      View Details
    • Value Estimation
      $885,000
      4,067 SF

      5353 Gumtree Rd

      RESTAURANT • 4,067 SF
      5353 Gumtree Rd, Winston Salem, NC 27107-9735
      View Details
    • Value Estimation
      $295,000
      5,156 SF

      1527 Martin Luther King Jr Dr

      RESTAURANT • 5,156 SF
      1527 Martin Luther King Jr Dr, Winston Salem, NC 27107-1308
      View Details
    • Value Estimation by Request
      3,460 SF

      8580 Nc Hwy 109

      RESTAURANT • 3,460 SF
      8580 Nc Hwy 109, Winston Salem, NC 27107-8400
      View Details

    Similar Nearby for Sale

    • $1,600,000
      22,100 SF

      Winston-Salem Flex Space Investment

      22,100 SF Flex Space, 9 Docks, Great Location
      3425 Thomasville Rd, Winston-Salem, NC 27107
      View Details
    • Contact for pricing
      Pending

      Land in Forsyth County Auction

      Land available through online auction in Forsyth County, North Carolina.
      Bruce St, Winston Salem, NC 27107
      View Details
    • $85,000

      5.4-Acre Lot Ready for Development

      5.4-acre lot with public water and sewer connections available.
      2770 Green Oaks Dr, Winston Salem, NC 27107
      View Details
    • $250,000

      Versatile Land with Storage Shed

      3+ acre property with storage, ideal for recreation/development.
      1186 Midway School Rd, Winston Salem, NC 27107
      View Details
    • Contact for pricing
      0.15 Acres

      Residential Land in Winston-Salem, NC

      Two parcels of land suitable for residential development.
      Glenn St, Winston-Salem, NC 27107
      View Details
    • $71,000
      3.56 Acres

      Winston-Salem Buildable Lot

      3.56-acre buildable lot within Winston-Salem city limits.
      1002 Tyler Ct, Winston Salem, NC 27107
      View Details

    Similar Nearby for Lease

    • $144 SF/Yr
      23,759 SF

      Midway Commons Retail Space

      Winston-Salem Retail Opportunity: 1,000-17,595 SF
      189 Hickory Tree Rd, Winston-Salem, NC 27107
      View Details
    • $7 SF/Yr
      17,595 SF

      Retail Space with Loading Dock

      17,595 SF retail space available with loading dock.
      189 Hickory Tree Rd, Winston Salem, NC 27107
      View Details
    • $4 SF/Yr
      96,248 SF

      Waughtown Street Flex Space Available

      Forsyth County industrial flex space, 25,207-96,248 SF
      1539 Waughtown St, Winston-Salem, NC 27107
      View Details
    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
      1624 Union Cross Rd, Winston Salem, NC 27107
      View Details
    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
      1624 Union Cross Rd, Winston Salem, NC 27107
      View Details

    Property Visit Statistics

    • Visits by month
      3.6k
    • Visitors by month
      2.7k
    • Avg Time on site
      20 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5415 Gumtree Rd
    Winston Salem, NC 27107-8695
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.