101 3rd SW Ave Catawba, NC 28609-8179
A marina is permitted as an accessory use to residential development in the R-1 or R-A Districts provided: .1 No sale of goods or services or other commercial activities shall occur at the marina. .2 The number of boat slips shall not exceed 110 percent of the number of dwelling units in the residential development which the marina serves. 102 .3 Areas for p…
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
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Property description
Physical attributes from public recordsZoning & alternative use
R-A · Catawba, NCA marina is permitted as an accessory use to residential development in the R-1 or R-A Districts provided: .1 No sale of goods or services or other commercial activities shall occur at the marina. .2 The number of boat slips shall not exceed 110 percent of the number of dwelling units in the residential development which the marina serves. 102 .3 Areas for parking and service shall meet all applicable screening and landscape requirements of this ordinance. .4 Dry boat storage (indoor or outdoor) is not permitted at marinas accessory to residential developments. .5 Any accessory marina serving more than 50 dwelling units shall have a boat launching facility for use by residents only. 10.29 Solar Energy Systems Utility-Scale Systems Utility-Scale Solar Energy Systems are permitted in H-B, and manufacturing districts by right and are permitted in residential-agricultural and manufactured home overlay districts by Conditional Use. In both cases the following conditions must be met: 1. Solar power collection and electrical generation structures shall not exceed 25 feet in height. 2. All equipment shall be located and situated so glare is not to interfere with traffic on public streets or highways or the reasonable use of residential property. 3. All components of a Utility-Scale Solar Energy System must meet all applicable building, electrical and safety codes. 4. Solar Energy Systems that exceed the 10kW threshold but will be used in conjunction with an existing, lawful use on the same property, are allowed, provided that: a) They are located and situated so glare is not to interfere with traffic on public streets or highways or the reasonable use of neighboring property; b) Roof-mounted systems shall not extend more than 10 feet from the top of the roof; c) The total height of the building including the solar collection and power generation devices shall comply with the district height regulations; d) Ground-mounted systems shall not be located in any required front yard and shall be screened from view from neighboring property or public streets; 5. In the event a solar farm ceases operation as an ongoing business entity, after one year, the site must be restored to its former state of development, whether the site is leased or owned. A plan for decommissioning shall be filed with the Town; a fine of up to $50.00 per day may be assessed if a plan is not filed with the Town and a site is no longer in service for more than a year. Decommissioning should be completed within a six-month timeframe.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.