3385 Icard Rdg Rd Granite Falls, NC 28630-8244
Density District, or R-20 Residential Low-Density District. Within the Town Limits the R -15 Residential Single -Family District and the R -8 Residential Medium -High Density District and R- 8A Residential High Density District. The R -8 and R- 8A districts are intended to provide relatively medium to high density living areas and make up 12.3% percent 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 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-20 · Granite Falls, NCDensity District, or R-20 Residential Low-Density District. Within the Town Limits the R -15 Residential Single -Family District and the R -8 Residential Medium -High Density District and R- 8A Residential High Density District. The R -8 and R- 8A districts are intended to provide relatively medium to high density living areas and make up 12.3% percent of the parcels within the Town Limits. Housing types in these districts include both immobile and mobile dwellings (R-8A only), subject to the applicable housing provisions of this ordinance. With the intent of medium to high de nsity these districts allow for two -family and multi- family dwellings as well. The regulations are intended to prohibit any use which, because of its character, would interfere with the residential nature of this district. It is expected that municipal water and sewerage facilities will be available to these properties designated R-8 and R-8A, or a reasonable expectation of such service in the near future.
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.