1531 Howard SE St Cleveland, TN 37311
given conditional use in the R -1 district. (as amended by Ord. #14, March 2001, and Ord. #2007-34, Sept. 2007). 2.3 R-1 DISTRICT (Single-Family Residential). 2.3.1 Uses allowed. The R -1, Single -Family Residential, District allows the following uses: A. Single-Family Detached Dwellings; B, Home Occupations, subject to 3.10. 2.3.2 Conditional Uses. The foll…
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 · Cleveland, TNgiven conditional use in the R -1 district. (as amended by Ord. #14, March 2001, and Ord. #2007-34, Sept. 2007). 2.3 R-1 DISTRICT (Single-Family Residential). 2.3.1 Uses allowed. The R -1, Single -Family Residential, District allows the following uses: A. Single-Family Detached Dwellings; B, Home Occupations, subject to 3.10. 2.3.2 Conditional Uses. The following uses may be allowed: A. Parks; B. Utility Towers. C. Churches with or without daycare, pre -school, primary school, or secondary school. Conditions for approval include location on and access from an arterial or collector street and compliance with the applicable site planning requirements in sections 3.0 and 6.2. Conditions for approval would be directed toward mitigating impacts on homes and residential streets from noise, traffic, parking demand, and other effects of the church development however, proposed new church sites shall not be considered for a conditional use review unless they contain at least two (2) acres and are located on an arterial or collector street. D. Golf courses and ancillary facilities such as clubhouses, parking, cart sheds and the like. (As amended by Ord. #14, March 2001, and Ord. #2007-05, March 2007) APP-C-33 2.4 R-2 DISTRICT (Low Density Single- and Multi-Family Residential 2.4.1 Uses allowed. The R-2, Low Density Residential, District Allows the following uses: A. Uses allowed by right in R-1; B. Duplexes, triplexes, and quadraplexes. C. Townhomes, provided that the townhomes are built in compliance with the townhome subdivision regulations of the Cleveland Municipal Pla nning Commission including but not limited to such provisions of those subdivision regulations that modify lot width and setbacks within the underlying zoning district. (as amended by Ord. #2007-30, Sept. 2007) 2.4.2 Conditional uses. The following uses may be allowed: A. Uses allowed as conditional uses in the R-1 District; B. Churches with or without day care, preschool, primary, or secondary schools; however, proposed new church sites shall not be considered for conditional use review unless they are located on an arterial or collector street; C. Day-care, preschool, primary or secondary schools, public or private; D. Golf courses. (As amended by Ord. #14, March 2001) 2.5 R-3 District (Multi-family Residential). 2.5.1 Uses allowed. The R-3, Multi-family Residential, District allows the following uses: A. Uses Allowed by right in the R-2 District; B. Multi-family Dwellings with three (3) or more units per structure (whether designed as an apartment, condominium, or townhouse); C. Parks. D.
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.