Stanley, VA 22851
TC Town Commercial District. The TC District is composed of the majority of Stanley's business activities, with additional vacant land for expansion. The intent of the regulations for this district is to reinforce the commercial center of the Town and encourage additional commercial growth at an appropriate scale which is not traffic-intensive and which is w…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
TC · Stanley, VATC Town Commercial District. The TC District is composed of the majority of Stanley's business activities, with additional vacant land for expansion. The intent of the regulations for this district is to reinforce the commercial center of the Town and encourage additional commercial growth at an appropriate scale which is not traffic-intensive and which is within walking distance for most residents of the Town. Specific types of uses proposed for this district include retail trade establishments, finance and insurance offices, drugstores and personal service stores which do not generate high levels of traffic. A. Uses permitted by right. Only one use and its accessory uses may be erected on any one lot or parcel of land pursuant to the regulations of this district and the Schedule of Dimensional Regulations , [1] including, but not limited to: (1) Stores and shops for the conduct of retail business or the provision of personal services. (2) Banks, insurance, real estate and business offices. (3) Restaurants and indoor theaters. (4) Public educational, recreational, cultural or civic uses. (5) Administrative and research office facilities. (6) Social clubs, lodges and assembly halls. (7) Professional office buildings. (8) Pharmacies. (9) Establishments for the sale or lease of medical and surgical equipment and supplies. (10) Essential services. (11) Short-term rentals: allowed by right. [Added 11-10-2021 ] [1]
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.