110 Spencer St Greeneville, TN 37745-3822
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Gosnell Becca Employment Agency
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Johnson Phyllis Employment Agency
701. R-1 (Low Density) Residential. 701.1 Intent This is the most restrictive residential district, intended to be used for single-family residential life with low population densities along with open areas necessary for the enjoyment of a single-family life, to be defined and protected from the encroachment of uses not performing a function necessary to the…
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
R1 · Greeneville, TN701. R-1 (Low Density) Residential. 701.1 Intent This is the most restrictive residential district, intended to be used for single-family residential life with low population densities along with open areas necessary for the enjoyment of a single-family life, to be defined and protected from the encroachment of uses not performing a function necessary to the residential environment, and to prohibit all business activities except limited customary home occupations. Additional permitted uses, by Review of the Board of Zoning Appeals, include related non-commercial recreational, religious and educational facilities normally necessary to provide the basic elements of a balanced and attractive residential area. 701.2 Uses Permitted 701.2.1 Single family residences. 701.2.2 Garden and tree farming. 701.2.3 Accessory buildings, provided that they are located in rear yards, are not closer than five (5) feet to any property line and are constructed together with or after the principal structure to which they are accessory. 701.2.4 Customary home occupations provided that: 701.2.4.1 At most one, and only one, person who is not a resident of the dwelling is employed; not more than twenty five percent (25%) of the total floor area of the dwelling is used for the business; and 701.2.4.2 There is no external evidence of the occupation except one identification sign. This sign shall contain no more than four (4) square feet of total sign area; may list only the name and address of the home occupation; shall not be illuminated by either external or internal means and may be either wall- mounted or free standing, provided that free-standing signs shall not exceed three (3) feet in height. 701.2.5 Residences classified as “single family residences” in Tennessee State Law, including Group homes for eight (8) or fewer unrelated mentally disabled persons, which may include at most three (3) additional persons, approved by the licensing agency to act as house parents or guardians, and who need not be related to each other or to the persons with mental disabilities, provided that: 7 0 1. 2 .5 . 1 Prior to admission to the home, all resident applicants are screened by the approp riate sponsoring agency in order to exclude persons who have a mental illness and, because of such mental illness, pose a likelihood of serious harm as defined in T.C.A §33-6-501, or who have been convicted of serious criminal conduct related to such mental illness; 7 0 1. 2 .5 .
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.