227 Cv Dr Millersville, PA 17551
R1A Residential/University District: to provide for residential uses, in addition to a range of higher education uses; and to serve as the primary location in the Borough for housing of university students. (4) R2 Medium-Density Residential District: to provide for medium-density residential neighborhoods; to protect these areas from incompatible uses; to en…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
R1A · Millersville, PAR1A Residential/University District: to provide for residential uses, in addition to a range of higher education uses; and to serve as the primary location in the Borough for housing of university students. (4) R2 Medium-Density Residential District: to provide for medium-density residential neighborhoods; to protect these areas from incompatible uses; to encourage “one home on one lot" (which may be attached to another home) in order to promote home ownership and neighborhood stability; to make sure that infill development is consistent with neighboring development; and to provide opportunities for well-planned retirement housing. (5) R3 High-Density Residential District: to provide for high-density residential neighborhoods with a mix of housing types; and to protect these areas from incompatible uses. (6) RP Residential/Professional Office District: to provide for a mix of homes, offices and related light business uses that will reuse older buildings and be compatible with nearby homes; and to prohibit heavier commercial uses that are most likely to cause demolition and conflicts with homes. (7) NC Neighborhood Commercial District: to promote pedestrian-oriented commercial activities; to promote an appropriate mix of retail, service, office, public, institutional and residential uses; to avoid heavy auto-related commercial uses that are most likely to conflict with nearby homes and the pedestrian-orientation and which are most likely to cause demolition of historic buildings; and to primarily provide for smaller-scale uses that utilize existing historic buildings, as opposed to uses that would involve substantial demolition. (8) GC General Commercial District: to provide for a wide range of commercial uses, including auto-related uses that are prohibited in other areas of the Borough; to provide for limited types of industrial uses, while recognizing that there are no appropriate locations within the Borough of Millersville for most types of industrial uses, because of the proximity of homes to all areas of the Borough, the locations of creeks and other important natural features, the importance of preserving historic buildings, the congestion of the street system and the very limited amounts of undeveloped land; and to carefully control the types of industrial operations to avoid nuisances (such as excessive noise) and hazards. (9) TN Traditional Neighborhood District: See statement of purpose in § 380-39A .
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.