125 Massanutten Vly Rd Stanley, VA 22851-3828
HDR High-Density Residential District. The HDR District is composed of areas in the central part of the Town where high-density housing would be appropriate. The intent of the regulations for this district is to provide a more diversified housing mix for all age groups, family sizes and income groups, to preserve and reinforce the residential character of th…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
HDR · Stanley, VAHDR High-Density Residential District. The HDR District is composed of areas in the central part of the Town where high-density housing would be appropriate. The intent of the regulations for this district is to provide a more diversified housing mix for all age groups, family sizes and income groups, to preserve and reinforce the residential character of the Town and to concentrate development in order to minimize the cost of services. Therefore, development is limited to single-family dwellings, townhouses and garden apartments. The lot sizes are based on the expectation that Town sewerage service will be available in the near future. Selected additional uses such as schools, parks, churches and certain public facilities that serve the residents of the area are also permitted. A. Uses permitted by right. Only one use and its accessory uses may be erected on any one lot or parcel of land pursuant to the regulations of this district and the Schedule of Dimensional Regulations : [1] (1) Single-family dwellings. (2) Parks and playgrounds. (3) Essential services. (4) Home occupations (per § 215-39 ). [1]
No recorded transactions found for this property.
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.