2721 Lantern Rd Radford, VA 24141-6009
Pursuant to the general purposes of this chapter, the intent of the R-2 Single-family Residential District is to provide appropriate areas for low density single-family residential development. The district differs from the R-1 District principally in its lot size and yard requirements. It is designed to preserve the character of existing residential areas,…
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
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Radford, VAPursuant to the general purposes of this chapter, the intent of the R-2 Single-family Residential District is to provide appropriate areas for low density single-family residential development. The district differs from the R-1 District principally in its lot size and yard requirements. It is designed to preserve the character of existing residential areas, to encourage new residential development in accordance with modern subdivision standards, to protect single-family areas from encroachment by potentially incompatible commercial land uses or higher density development, and to maintain a low density of development. The R-2 District is also intended to accommodate specific nonresidential uses which are necessary to provide for the recreational, educational, cultural and public service needs of a residential community.
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.