6930 Walnut Cv Rd Walkertown, NC 27051-9313
LB Limited Business District (1) Purpose. .....The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas. The district is established to provide locations for businesses which serve nearby neighborhoods, including smaller business locations up to ten (10) acres in size in rura…
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
Property description
Physical attributes from public recordsZoning & alternative use
LB · Walkertown, NCLB Limited Business District (1) Purpose. .....The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas. The district is established to provide locations for businesses which serve nearby neighborhoods, including smaller business locations up to ten (10) acres in size in rural areas. The district is typically located near the intersection of a collector street or thoroughfare in areas which are otherwise developed with residences. Standards are designed so that this district, in some instances, may serve as a transition between residential districts and other commercial districts. This district is intended for application in GMAs 2, 3, 4 and 5. (2) General Dimensional Requirements - LB. Zoning District Minimum Zoning Lot Minimum Contiguous Site Area (ac) Minimum Setbacks 1 Maximum Impervious Surface Cover (%) Maximum Height (ft) Side Area (sf) Width (ft) Front (ft) Rear (ft) Interior Side (ft) Street (ft) LB 10,000 100 - 20 5 0.5/12 2 20 75 40 1. Whenever a lot in a nonresidential district other than the NB or NO Districts shares a common boundary line with a lot in a residential district (except RM-U), YR, AG, or H District with no intervening street or highway, the lot in the nonresidential district shall have a required setback along the shared boundary line of not less than forty (40) feet or shall have the required setback for the nonresidential district, whichever is greater. 2. Side yards are not required, however any side yard provided adjacent to an interior lot line shall be not less than twelve (12) feet in width. A space less than six (6) inches in width between an interior lot line and a building wall shall not be regarded as a side yard. (3) Supplementary District Requirements in GMAs 4 and 5. (a) GMA and Lot Area Limitations. The following uses are permitted only in GMAs 4 and 5 and are limited to a maximum zoning lot size of one acre: (i) Outdoor Display Retail; (ii) Motor Vehicle Repair and Maintenance. (b) Motor Vehicle Storage Yard. In GMAs 4 and 5, a motor vehicle storage yard with a maximum enclosed storage area of three thousand (3,000) square feet shall be permitted as an accessory use to a motor vehicle repair service. Such yard shall meet all use conditions applicable to motor vehicle storage yards, Section B.2-5.53. (c) Signage. Signage shall meet the requirements of Section B.3-2. (d) Trash Facilities. Dumpsters shall be screened on three (3) sides with walls of a material similar to the principal building or with vegetation.
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.