823 Oak St Oakland, MD 21550-1905
Procedures for maintaining Commercial (C) and Employment Center (EC) District zoning once granted. The procedure for maintaining any change of the zoning classification of land to Commercial (C) and/or Employment Center (EC) Districts duly enacted and adopted as an amendment pursuant to this article, such change having been petitioned by persons other than t…
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
C · Oakland, MDProcedures for maintaining Commercial (C) and Employment Center (EC) District zoning once granted. The procedure for maintaining any change of the zoning classification of land to Commercial (C) and/or Employment Center (EC) Districts duly enacted and adopted as an amendment pursuant to this article, such change having been petitioned by persons other than the Town Council or Planning Commission, shall be as follows: A. Within one year of the granting of Commercial (C) and/or Employment Center (EC) District zoning, application shall be made for a zoning permit for use of the said land; otherwise the zoning for the C and EC Districts shall revert automatically to their prior district classifications without notice and public hearings. B. Within one year of issuance of zoning permits, construction or use shall be commenced on the land so zoned; otherwise the zoning for the C and EC Districts shall revert automatically to their prior district classifications without notice and public hearings. C. Within two years of the issuance of zoning permits for the land so zoned, the subject land shall be substantially devoted to such use or uses as may be permitted in the zoning districts; otherwise the zoning for the C and EC Districts shall revert automatically to their prior classifications without notice and public hearings.
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.