15991 Sheridan St Southwest Ranches, FL 33331-3491
26 (C) CB, Community Business District 27 28 Town owned property shall take preference over privately owned property. If the 29 proposed site is other than Town owned property, the applicant shall provide an 30 affidavit stating that there is a demonstrated need for the placement of the 31 facility at that location and that there is not a technically suitabl…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
CB · Southwest Ranches, FL26 (C) CB, Community Business District 27 28 Town owned property shall take preference over privately owned property. If the 29 proposed site is other than Town owned property, the applicant shall provide an 30 affidavit stating that there is a demonstrated need for the placement of the 31 facility at that location and that there is not a technically suitable location 32 available to accommodate the need. 33 34 (A) Freestanding telecommunications towers shall be deemed a permitted use 35 on any Town owned property in accordance with an executed lease 36 agreement acceptable to the Town. The Town shall have no obligation 37 whatsoever to execute such lease even if the applicant can meet the 38 criteria set forth herein. 39 40 The Town may, as appropriate, to protect its property and the public 41 interest establish additional requirements beyond the minimum 42 requirements of a permit for Town owned property. Setback and distance 43 requirements in the Town Code may be, modified to the extent necessary 44 to provide for the public interest as determined by the Town Council. This 45 provision further does not preclude the Town from issuing a letter of 46 interest for the purposes of leasing sites on designated Town property for 47 the construction and installation of telecommunications facilities. For 48 designated Town owned property, the Town will encourage the installation 49 of telecommunications facilities which have a minimal impact on the 84 1 surrounding areas and are consistent with the development of the affected 2 area. 3 4 (B) Telecommunications towers shall be deemed a permitted use in the M 5 District subject to the applicant showing that it has met the requirements of 6 the minimum standards for development of towers as specified in this 7 ordinance and subject to site plan review by the Town Administrator or a 8 designee with final approval by the Town Council. 9 10 (C) Telecommunications towers shall be deemed a conditional use within the 11 CB District. 12 13 Each conditional use pursuant to paragraph (c) above shall be reviewed by 14 the Town Administrator to determine if said conditional use is appropriate in 15 the area where same is to be placed, based upon the criteria set forth 16 herein, and approval is subject to review by the Town Administrator or a 17 designee with final approval by the Town Council. 18 19 (D) Towers as part of existing utility poles shall be permitted as a conditional 20 use pursuant to paragraph (c) in the Florida Power & Light Easement, use 21 for major electric transmission.
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.