153 Main St Bulls Gap, TN 37711-4806
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Bulls Gap Railroad Museum Rail Museum
604. Central Business District (B-1). It is the int ent of this district to establish an area for concentrated business development that the general public requires. The requirements are designed to protect the essential characteristics of the district by promotion of business and public uses which serve the general public and to discourage industrial and wh…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Bulls Gap, TN604. Central Business District (B-1). It is the int ent of this district to establish an area for concentrated business development that the general public requires. The requirements are designed to protect the essential characteristics of the district by promotion of business and public uses which serve the general public and to discourage industrial and wholesale development which do not lend themselves to pedestrian traffic. In order to maint ain and enhance the unique aesthetic characteristics of the community and achieve the intent of the Central Business District (B-1), site plans shall be required for all new construction. These site plans shall include: the proposed location of all structures, off-street parking provisions, location of all ingress and egress points, location and size of proposed utilities, landscaping features, and any other plans deemed pertinent. Prior to the issuance of the building permit, the site plans sha ll be reviewed and approved by the planning commission to determine if they are in keeping with the comprehensive planning program of the Town of Bulls Gap, Tennessee. In order to achieve the intent of the district, as shown on the Zoning Map of the Town of Bulls Gap, Tennessee, the following uses are permitted: 604.1. Single and multi-family residences, except mobile homes and mobile home parks. 604.2. Stores and shops conducting retail business. 604.3. Personal, business, and professional services. 604.4. Public and semi-public buildings and uses. 604.5. Business signs. -26- 605. Neighborhood Business District (B-2). It is the intent of this district to establish business areas to serve surrounding residential districts. The dis trict regulations are intended to discourage strip business development and encourage grouping of uses in which parking and traffic congestion is reduced to a minimum. In order to maintain and enhance the unique aesthetic characteristics of the community and achieve the intent of the Neighborhood Business District (B-2), site plans shall be required for all new construction. These site plans shall include: the proposed location of all structures, off-street parking provisions, location of all ingress and egress points, location and size of proposed utilities, landscaping features, and an y other plans deemed pertinent. Prior to the issuance of the building permit, the site plans sha ll be reviewed and approved by the planning commission to determine if they are in keeping with the comprehensive planning program of the Town of Bulls Gap, Tennessee.
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.