100 Walker St Monroe, GA 30655-2566
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Interface Security Systems Security Service
Sec. 651 Planned Residential District (PRD). Planned Residential Development is intended to allow greater flexibility in the placement, arrangement, and orientation of residential structures, the subdivision of land, and the grouping of open space and accessory facilities, such as garages and parking . It may also provide for a mixture of housing types (sing…
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
PRD · Monroe, GASec. 651 Planned Residential District (PRD). Planned Residential Development is intended to allow greater flexibility in the placement, arrangement, and orientation of residential structures, the subdivision of land, and the grouping of open space and accessory facilities, such as garages and parking . It may also provide for a mixture of housing types (single-f amily, two-family, and multi-family) according to a carefully drawn plan. The proposed development should make maximum use of natural features and, through proper site planning measures, should conform to the existing character and development pattern of the surrounding area. The development shall protect any existing residential uses from adverse impacts. In addition to the requirements of Section 650.5 above, the written report and site plans shall also include information that addresses the following: (a) The proposed size, location, number of units and number of bedrooms of all residential structures shall be noted. (b) Any streets and common open spaces not proposed for dedication to the City of Monroe shall have the proposed maintenance and ownership agreements explained in detail. (c) The architectural style and proposed site of all residential structures shall be indicated. (d) The development controls for the subject property shall be shown (lot coverage, setbacks, building heights, lot sizes, and all other dimensions). If standards are not specifically proposed, then the applicable standards in the R -1 District (Large Lot Residential District) shall apply. (e) Limited commercial uses may be included within the Planned Residential Development that are primarily intended to serve residential dwellings within walking distance. Construction of any approved commercial portion must occur at the same time as the construction of the residential development.
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.