291 Deann Dr Independence, OR 97351-2518
Laboratory locates in the MUPC Zone, the Medical Marijuana Dispensary, Recreational Marijuana Retailer, Marijuana Research Facility, or Marijuana Testing Laboratory may not be located: 1. Within 1,000 Feet of an Elementary or Secondary School; or 2. Within 250 Feet of a Public Library, Public Park, Public Playground, Public Recreational Facility, or Public A…
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
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Property description
Physical attributes from public recordsZoning & alternative use
MUPC · Independence, ORLaboratory locates in the MUPC Zone, the Medical Marijuana Dispensary, Recreational Marijuana Retailer, Marijuana Research Facility, or Marijuana Testing Laboratory may not be located: 1. Within 1,000 Feet of an Elementary or Secondary School; or 2. Within 250 Feet of a Public Library, Public Park, Public Playground, Public Recreational Facility, or Public Athletic Field. B. A Medical Marijuana Dispensary, Recreational Marijuana Retailer, Marijuana Research Facility, or Marijuana Testing Laboratory must possess a valid business registration in accordance with Chapter 8 of the Independence Municipal Code, Article XII, Marijuana Facilities. C. A Medical Marijuana Dispensary, Recreational Marijuana Retailer, Marijuana Research Facility, or Marijuana Testing Laboratory may not include a Drive-Through Facility. D. A Medical Marijuana Dispensary, Recreational Marijuana Retailer, Marijuana Research Facility, or Marijuana Testing Laboratory located in the MUPC Zone must be located in a Building, as that term is defined in the Uniform Building Code. 33.030 Commercial Development Standards A. Purpose and Applicability The Commercial Development Standards include required 03. The standards are intended to encourage a similar pedestrian orientation as that found downtown while remaining accessible to automobiles. All new construction and all remodels costing more than 60 percent of the existing building’s assessed value, except single-family dwellings, are required to meet the Commercial Development Standards. Single -family dwellings shall comply with the standards for residential development found in Subchapter 20. Where a proposal is for a change of use, alteration or addition to an existing development, the standards of this section apply only to the portion being altered or added. If the applicant can demonstrate that the implementation of the standard would be impractical due to the limited size and location of the improvement, the Community Development Director may waive any of the standards which are demonstrated to be impractical. 104 B. Standards The Commercial Development Standards include three (3) main topics. The topics reflect the manner in which buildings are designed and developed. Topic 1, “SITE” specifies the key development standards that impact the potential use and dimensions of the site. Topic 2, “HEIGHT/BUILDING MASSING”, specifies the development standards that impact the potential height and building massing. Topic 3, “ARCHITECTURAL FEATURES”, specifies development standards that require architectural details to the building.
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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.