531 Thornrose Ave Staunton, VA 24401-3161
Any use permitted on review in an R-1 and R-2 low density residential district. (2) Fraternities, sororities, and denominational student headquarters. (3) Medical care facility. (4) Medical facility, except veterinary hospital or clinic. (5) Private day nurseries and kindergartens, as regulated in SCC § 18.105.060 . (6) A planned residential development as r…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
R-2 · Staunton, VAAny use permitted on review in an R-1 and R-2 low density residential district. (2) Fraternities, sororities, and denominational student headquarters. (3) Medical care facility. (4) Medical facility, except veterinary hospital or clinic. (5) Private day nurseries and kindergartens, as regulated in SCC § 18.105.060 . (6) A planned residential development as regulated in SCC § 18.105.020 . (7) Single-family attached dwellings and single-family semi-detached dwellings as regulated in SCC § 18.105.030 . (8) Additional Dwelling Unit(s). (a) For an already existing single-family dwelling that, as of August 27, 2015, contained and continues to contain the same 3,000 square feet or more of net floor area and does not otherwise meet the minimum area requirements established in the intensity-of-use provisions for each district under this title, one or more additional dwelling units within such dwelling may be permitted as follows: EXISTING DWELLING NET FLOOR AREA ADDITIONAL DWELLING UNIT(S) 3,000 square feet or less None 3,001 square feet to 5,500 square feet 1 additional unit 5,501 square feet to 8,000 square feet 2 additional units 8,001 square feet to 10,500 square feet 3 additional units (b) Parking for two-family dwellings shall be regulated the same as for single-family dwelling. (c) Parking for any use in excess of a two-family dwelling shall comply with all provisions of Chapter 18.125 SCC. (d) For the purposes of this section, "net floor area" means the total of all floor areas of a building, excluding stairwells and elevator shafts, equipment rooms, interior vehicular parking or loading, and all floors below the first or ground floor, except when used or intended and permitted to be used for human habitation or service to the public. ( Zoning ordinance Art. 4
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.