1253 Main SW Ave Norton, VA 24273-2345
The light industrial zone is established to provide areas where a wide range of industrial and industrially-oriented commercial activities may locate. Uses allowed in this zone shall operate to minimize the impact of noise, smoke, glare and other environmental pollutants on uses within the zone and on the neighboring lands of higher environmental quality and…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Norton, VAThe light industrial zone is established to provide areas where a wide range of industrial and industrially-oriented commercial activities may locate. Uses allowed in this zone shall operate to minimize the impact of noise, smoke, glare and other environmental pollutants on uses within the zone and on the neighboring lands of higher environmental quality and the business and commercial activities allowed in the zone will be those which provide services and supplies primarily to industrial companies, those which engage in wholesale operations, and those which are associated with warehouse establishments
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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.