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    Property profile & analytics

    905 Broad St Winston Salem, NC 27101-5742

    • Bars
    • 4,349 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Jun 21, 2022
    Location Intelligence
    Property ID
    US53-0160553
    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

    • The Reverie / Event Venue
    • Synergy Winston Salem / Fitness Center
    • Ginger Fox Beverage / Consultant / Bar
    • easytalk / Event Venue / Cocktail Bar

    Property Details for 905 Broad St

    Year built
    1955
    Lot size
    0.21 lot acres
    Property size
    4,349 SF
    Zone code
    PB-L
    Property type
    Bars
    APN
    6835-21-1203.00
    APU
    683521120300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $370,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $320,000
      Mixed-Use
      $405,000
      Hospitality
      $410,000
      Educational
      $415,000
      Residential Income
      $310,000
      Energy
      $370,000
      Income-Based Land
      $325,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2451
    Latitude
    36.0827
    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
    $3,334
    $42,800
    $321,500
    $364,300
    -
    $42,800
    $321,500
    $364,300

    Comparable in this City

    • Value Estimation
      $235,000
      3,400 SF

      901 Broad St

      BAR, TAVERN • 3,400 SF
      901 Broad St, Winston Salem, NC 27101-5742
      View Details
    • Value Estimation
      $505,000
      2,928 SF

      400 Peters Crk Pkwy

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,928 SF
      400 Peters Crk Pkwy, Winston Salem, NC 27101-4929
      View Details
    • Value Estimation by Request
      934 SF

      545 Trade St Ste, Unit 103

      BAR, TAVERN • 934 SF
      545 Trade St Ste, Winston Salem, NC 27101-2981
      View Details
    • Value Estimation by Request
      2,400 SF

      110 7th St

      BAR, TAVERN • 2,400 SF
      110 7th St, Winston Salem, NC 27101-2904
      View Details
    • Value Estimation
      $290,000
      5,109 SF

      509 3rd St

      NIGHTCLUB (COCKTAIL LOUNGE) • 5,109 SF
      509 3rd St, Winston Salem, NC 27101-4106
      View Details
    • Value Estimation by Request
      13,762 SF

      170 9th St

      BAR, TAVERN • 13,762 SF
      170 9th St, Winston Salem, NC 27101-1523
      View Details

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    Similar Nearby for Lease

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      Winston-Salem Office Space for Lease

      2,050 sq ft Office, Downtown Winston-Salem
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      View Details
    • Contact for pricing
      5,286 SF

      Historic Hylehurst Office Suites

      Charming Downtown Winston-Salem Office Space
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      View Details
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    Winston Salem, NC 27101-5742
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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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