1009 Nc 39th S Hwy Louisburg, NC 27549-7112
developments and uses in the OI, B-2, PD, PD-R and GWO districts shall contain a minimum 20% net area of landscaping. Landscaping shall be provided on the interior and exterior of the parking lot. c. Plantings. One shade tree, two ornamental trees and eight small shrubs shall be required for each 10 parking spaces. The perimeter of all vehicular use areas ad…
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
O I · Louisburg, NCdevelopments and uses in the OI, B-2, PD, PD-R and GWO districts shall contain a minimum 20% net area of landscaping. Landscaping shall be provided on the interior and exterior of the parking lot. c. Plantings. One shade tree, two ornamental trees and eight small shrubs shall be required for each 10 parking spaces. The perimeter of all vehicular use areas adjacent to streets and residentially-zoned or used properties shall be screened as follows: 1. Opaque, evergreen plantings that will reach a mature height of at least three feet within one year of planting. A minimum two-foot, eight-inch clearance shall be provided between the planting area and pavement or wheel stop; 2. A solid wall of at least three feet in height. Evergreen vegetation that will reach a mature height of at least three feet within one year of planting shall be planted between the wall and adjacent properties or streets. A minimum four feet of clearance shall be provided between the wall and the pavement or wheel stop; 3. A four-foot-tall berm measured from the toe of the slope to the top of the berm. The width of the top of the berm shall be equal to at least one-half of its height. Maximum berm slope shall be 2:1. Berms may be used in combination with planting to meet height requirements; or 4. Topography that will functionally screen the parking. d. Planting Islands. Planting islands shall be no less than 10 feet in width and shall include a minimum of 150 square feet of open planting area for ornamental trees and 300 square feet for shade trees. Landscaped areas shall be covered with mulch, ground cover or grass between shrub and tree plantings. e. Tree Location. Trees shall be located within or adjacent to parking lots as tree islands, medians, at the end of parking bays, traffic delineators or between rows of parking spaces so no parking space is located more than 60 feet from a tree. (l) Loading; Off-street. Off-street loading, unloading and maneuvering space meeting the standards of this subsection shall be provided for all new or substantially altered non- residential buildings or uses unless the applicant provides documentation that off- street loading is not required for the use. (1) Relation to Required Off-street Parking Spaces. Loading and unloading spaces shall not be used or counted as off-street parking spaces for the use. The areas shall be separate and distinct from off-street parking spaces and maneuvering areas. Page 5-33 (2) Location. Loading and unloading spaces and associated docks shall be located on the same lot as the principal use. (3) Placement.
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.