Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    633 Liberty St Winston Salem, NC 27101-3164

    • Turn key restaurants
    • 42,234 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $2,670,000
    Last Sale
    Sep 29, 2021
    $2,310,000
    Location Intelligence
    Property ID
    US53-4695274
    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

    • Piedmont Federal Savings Bank / Atm / Bank
    • Asian Fare / Asian Restaurant
    • The Mayfair Club / Bar
    • Est! Est!! Est!!! / Italian Restaurant
    • Roar / Restaurant

    Property Details for 633 Liberty St

    Year built
    1926
    Lot size
    0.52 lot acres
    Property size
    42,234 SF
    Zone code
    CB WO
    Property type
    Turn key restaurants
    APN
    6835-28-2505.00
    APU
    683528250500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,255,000
      6.5%
      $2,300,000
      7%
      $2,160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,075,000
      Geo Method
      $2,725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,275,000
      Retail
      $2,165,000
      Mixed-Use
      $2,545,000
      Hospitality
      $2,235,000
      Educational
      $2,510,000
      Residential Income
      $2,535,000
      Energy
      $2,480,000
      Income-Based Land
      $2,080,000
      Food Service
      $2,450,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2451
    Latitude
    36.1026
    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
    $54,353
    $254,800
    $7,027,200
    $7,282,000
    -
    $254,800
    $7,027,200
    $7,282,000

    Comparable in this City

    • Value Estimation by Request
      52,523 SF

      200 Brookstown Ave

      RESTAURANT • 52,523 SF
      200 Brookstown Ave, Winston Salem, NC 27101-5209
      View Details
    • Value Estimation by Request
      6,367 SF

      314 4th St

      RESTAURANT • 6,367 SF
      314 4th St, Winston Salem, NC 27101-2840
      View Details
    • Value Estimation
      $1,035,000
      1,426 SF

      1007 Brookstown Ave

      RESTAURANT • 1,426 SF
      1007 Brookstown Ave, Winston Salem, NC 27101-2573
      View Details
    • Value Estimation by Request
      11,000 SF

      231 4th St

      RESTAURANT • 11,000 SF
      231 4th St, Winston Salem, NC 27101-2823
      View Details
    • Value Estimation
      $225,000
      2,160 SF

      1008 Poplar St

      RESTAURANT • 2,160 SF
      1008 Poplar St, Winston Salem, NC 27101-5819
      View Details
    • Value Estimation
      $575,000
      20,640 SF

      418 4th St

      RESTAURANT • 20,640 SF
      418 4th St, Winston Salem, NC 27101-2805
      View Details

    Similar Nearby for Sale

    • $665,000
      4,110 SF

      712 Brookstown Ave: Redevelopment Opportunity

      Historic Winston-Salem building, prime location.
      712 Brookstown Ave, Winston-Salem, NC 27101
      View Details
    • $1,800,000
      13,975 SF

      Downtown Winston-Salem Retail Trio

      Historic Hines Shoe Co. Building, Multi-Tenant Opportunity
      245 4 St, Winston-Salem, NC 27101
      View Details
    • $995,000
      7,040 SF

      Downtown Winston-Salem Office Building

      Prime location, 7,040 SF, vacant, NNN lease.
      215 Broad St, Winston-Salem, NC 27101
      View Details
    • $1,699,000
      15,480 SF

      Downtown Winston-Salem Office Building

      Fully Leased Income Property, High Visibility
      201 Broad St, Winston-Salem, NC 27101
      View Details
    • $179,000
      Pending

      Retail Building in Winston-Salem

      Retail building with a large basement in Winston-Salem, NC.
      101 N Broad St, Winston Salem, NC 27101
      View Details
    • $1,300,000

      East Winston Fully Occupied Multifamily

      Fully occupied 10-unit multifamily property in East Winston.
      1401 E 5Th St, Winston Salem, NC 27101
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      425,741 SF

      Truliant Tower: Prime Winston-Salem Office

      28-story iconic office building, diverse spaces available.
      301 Main St, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
      84,143 SF

      Winston-Salem Office Space for Lease

      Modern Office & Lab Space in Innovation Quarter
      111 Chestnut St, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
      546,065 SF

      Wells Fargo Center Office Space

      Prestigious Winston-Salem office tower, suites available.
      100 Main St, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
      7,976 SF

      Historic Winston-Salem Office Space

      Executive/Creative Office, 5,115 SF Available
      426 Old Salem Rd, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
      116,160 SF

      Forsyth County Flex Space Available

      Industrial Flex Space: Lease Now!
      4300 Old Greensboro Rd, Winston-Salem, NC 27101
      View Details
    • $16 SF/Yr
      5,000 SF

      Winston-Salem Office Space For Lease

      5,000 SF Flex/Office Space Available
      1023 Chestnut St, Winston-Salem, NC 27101
      View Details
    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.
    633 Liberty St
    Winston Salem, NC 27101-3164
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    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.