1201 Phelps W Rd Fuquay Varina, NC 27526
The RLD zoning district is intended to permit proposed residential development and existing single-family detached dwelling lot or units in established neighborhoods to provide for low density urban residential (stick-built or modular unit) zoning lot development. This district may accommodate residential at a density not to exceed 3 single-family detached d…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RLD · Fuquay Varina, NCThe RLD zoning district is intended to permit proposed residential development and existing single-family detached dwelling lot or units in established neighborhoods to provide for low density urban residential (stick-built or modular unit) zoning lot development. This district may accommodate residential at a density not to exceed 3 single-family detached dwelling units per gross acre with public utilities. Traditional subdivision development not using any of the uses listed herein shall develop lots at a minimum of 14,500 square feet per lot. Optional development in this district also includes forestry management and public or private parks and greenways. The Town may extend public utilities, the transportation system or other infrastructure networks into or through this district. As the Towns infrastructure network is expanded or extended, a relative change may be reflected in development density, typically reflected through a change in zoning district classification
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.