Jefferson Church Rd King, NC 27021
The intent of the R-MF residential multifamily condominium district is to provide areas for high density residential development. Residential units shall be one or more buildings containing three or more dwelling units intended for owner occupancy, where the land beneath each unit and all common areas (as defined by the state unit ownership are owned proport…
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
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Property description
Physical attributes from public recordsZoning & alternative use
R-MF · King, NCThe intent of the R-MF residential multifamily condominium district is to provide areas for high density residential development. Residential units shall be one or more buildings containing three or more dwelling units intended for owner occupancy, where the land beneath each unit and all common areas (as defined by the state unit ownership are owned proportionately by each unit owner in the development, and walls between units are constructed in accordance with the state building code requirements. Public water and sewer shall be available. This district shall be located near employment centers, shopping facilities and roads that are capable of handling the traffic generated by high density developments. The condominiums shall be dwelling units that are situated in either triplex or quadraplex and shall be no more than three stories in height and 16 units per building
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.