2009 Sherwood Ct Council Bluffs, IA 51503-0547
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Sherwood Forest Apartments Real Estate Agency
Chapter 15.11 - R-4/HIGH DENSITY MULTIFAMILY RESIDENTIAL DISTRICT 15.11.010 Statement Of Intent 15.11.020 Principal Uses 15.11.030 Conditional Uses 15.11.040 Accessory Uses 15.11.050 Site Development Regulations 15.11.060 Additional Regulations 15.11.070 Signs 15.11.010 Statement Of Intent This district is intended to provide for development of high density…
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
R-4 · Council Bluffs, IAChapter 15.11 - R-4/HIGH DENSITY MULTIFAMILY RESIDENTIAL DISTRICT 15.11.010 Statement Of Intent 15.11.020 Principal Uses 15.11.030 Conditional Uses 15.11.040 Accessory Uses 15.11.050 Site Development Regulations 15.11.060 Additional Regulations 15.11.070 Signs 15.11.010 Statement Of Intent This district is intended to provide for development of high density multiple-family housing. This district allows for a mixture of compatible uses with high density urban neighborhoods. This district is most appropriate in central areas of the community or in areas which have full services. (Ord. 5308 § 1 (part), 1996) 15.11.020 Principal Uses The following principal uses shall be permitted outright in an R-4 district: Boarding, lodging rooming house, or bed and breakfast; Business, professional office; Community recreation services; Congregate housing, life care facility or nursing home; Consumer service establishment; Day care services; Dwelling, multifamily; Dwelling, single-family attached; Dwelling, single-family detached; Dwelling, townhouse; Dwelling, two-family; Family home; Group care home; Local utility services; Park and recreation services; Private parking lot; Public parking lot; Public safety services; Religious assembly; School. (Ord. 5918 § 1, 2007) 15.11.030 Conditional Uses The following conditional uses shall be permitted in an R-4 district, when authorized in accordance with the requirements set forth in CBMC 15.21: Cemetery; College or universities; Commercial recreation (indoor and outdoor); Cultural service; Commercial storage; Governmental maintenance facility. (Ord. 5918 § 2, 2007) 15.11.040 Accessory Uses The following uses shall be permitted in an R-4 district: Uses of land or structures customarily incidental and subordinate to one of the principal uses, unless otherwise excluded. (Ord. 5308 § 1 (part), 1996) 15.11.050 Site Development Regulations Minimum Lot Size Use Lot Area Single-family detached 5,000 square feet Single-family attached and two-family dwellings 5,000 square feet except when a single-family attached or two-family dwelling is divided by a lot line coinciding with the common wall separating the two units. The minimum lot area shall be 2,500 square feet.
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.