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    Property profile & analytics

    615 Walnut St Winston Salem, NC 27101-5734

    • Retail space
    • 1,624 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1649606
    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

    • Trotman's Picture Framing Inc / Picture Frame Shop

    Property Details for 615 Walnut St

    Year built
    1965
    Construction
    CONCRETE BLOCKS
    Lot size
    0.13 lot acres
    Property size
    1,624 SF
    Zone code
    RS9
    Property type
    Retail space
    APN
    6835-11-7224.00
    APU
    683511722400

    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
    -80.2463
    Latitude
    36.0825
    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
    $992
    $16,400
    $54,300
    $70,700
    -
    $16,400
    $54,300
    $70,700

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      875 Liberty St

      RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
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      View Details
    • Value Estimation by Request
      0.48 Acres

      2889 Lowery St

      RETAIL STORES (PERSONAL SERVICES) • 0.48 Acres
      2889 Lowery St, Winston Salem, NC 27101-6127
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      0.15 Acres

      715 Patterson Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.15 Acres
      715 Patterson Ave, Winston Salem, NC 27101
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    • Value Estimation by Request
      18,000 SF

      601 Trade St

      RETAIL STORES (PERSONAL SERVICES) • 18,000 SF
      601 Trade St, Winston Salem, NC 27101-2959
      View Details
    • Value Estimation by Request
      540 SF

      2721 Old Greensboro Rd

      RETAIL STORES (PERSONAL SERVICES) • 540 SF
      2721 Old Greensboro Rd, Winston Salem, NC 27101-3519
      View Details
    • Value Estimation by Request
      0.04 Acres

      Brookstown Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.04 Acres
      Brookstown Ave, Winston Salem, NC 27101
      View Details

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    615 Walnut St
    Winston Salem, NC 27101-5734
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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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