1985 Sartain Dr Horn Lake, MS 38637-1430
The "AR" District is intended to preserve and protect existing residential areas that have developed at very low densities - generally at 1 unit per acre or less. The "AR" District is designed to recognize and accommodate a preference for a rural setting within an urban environment. Also, this district can be utilized in newly developing low-density areas wh…
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
A-R · Horn Lake, MSThe "AR" District is intended to preserve and protect existing residential areas that have developed at very low densities - generally at 1 unit per acre or less. The "AR" District is designed to recognize and accommodate a preference for a rural setting within an urban environment. Also, this district can be utilized in newly developing low-density areas where buffers cannot provide sufficient transitions between land uses, and for areas in which environmental considerations preclude the platting of smaller lots. (1 DUA) B. - LOW DENSITY RESIDENTIAL DISTRICT (R-LD). 1. The "R-LD" District is intended to provide suitable areas for low-density residential development at generally suburban densities of 2 units per acre, where appropriate urban services and facilities will be physically and economically facilitated. Single-family, detached dwellings and accessory uses thereto characterize the "R-LD" District. This district also permits community facilities, public utilities, and open uses which specifically serve the residents of this district, or which are benefited by and compatible with a residential environment. Include (R-30,R-20, R-15) (1.5 to 2.9 DUA) C. - MEDIUM DENSITY RESIDENTIAL DISTRICT (R-MD). 1. The "R-MD" District is intended to provide suitable areas for medium density residential development where complete urban services and facilities are provided or when the extension of such services or facilities will be physically and economically facilitated. Single-family, detached dwellings and accessory uses thereto characterize the "R-MD" District. This district also permits community facilities, public utilities, and open uses which specifically serve the residents of this district, or which are benefited by and compatible with a residential environment. Include (R-15, R-12, R-10, R-9 and R-8) (2.9 to 5.5 DUA) D. - HIGH DENSITY RESIDENTIAL DISTRICT (R-HD). 1. The same description as in the medium density residential, with the exception that this is a much more urban style of residential development, with reduced setbacks and yard area. Include (R-6 & RM6) (7 to 12 DUA) E. - OFFICE DISTRICT (O). 1. The "O" District is intended to permit a wide variety of professional office use, as well as limited commercial uses in areas when the premises adjoins an existing commercial or industrial district. Such uses shall be established only when they would act as a buffer between residential and non-residential uses located along highways, major roads and/or when such uses would abut a non-residential use. F. - NEIGHBORHOOD COMMERCIAL DISTRICT (C-1). 1.
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.