301 Mcleod St Matthews, NC 28105-4759
15, R-12, R-9, R-MH, R-15MF, R-12MF, R-VS, CrC, SRN, MUD, TS, and ENT districts. B. S TANDARDS In addition to all of the use limitations applicable in the district in which a home -based business is located, no home -based business shall be established, altered or enlarged in any district unless such home -based business complies with the following performan…
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-12 · Matthews, NC15, R-12, R-9, R-MH, R-15MF, R-12MF, R-VS, CrC, SRN, MUD, TS, and ENT districts. B. S TANDARDS In addition to all of the use limitations applicable in the district in which a home -based business is located, no home -based business shall be established, altered or enlarged in any district unless such home -based business complies with the following performance standards: 1. SCALE. The home -based business must be clearly incidental to the residential use of the dwelling and must not change the essential residential character of the dwelling. 2. FLOOR AREA LIMITATION. Use of the dwelling for this purpose must be limited to twenty five percent (25%) of one floor of the principal dwelling or fifty percent (50%) of one floor of an accessory building. Any separate building shall be accessory only to the individual dwelling unit where the home-based business is located (not in a communal structure). 3. OUTDOOR STORAGE PROHIBITED. No outside storage may be used in connection with the home - based business. 4. EQUIPMENT. Machinery that causes noises or other interference in radio, television, or digital reception is prohibited. Additionally, no equipment or process shall be employed that will cause noise, vibration, odor, glare, or electrical or communication interfere nce detectable to the normal senses off the lot, in the case of detached dwelling units, or outside the dwelling unit, in the case of attached dwelling units. Household equipment and furniture, such as computers, ovens, shelving, and counters may be used in connection with a legally established home based business. 5. N O EXTERIOR EVIDENCE. Internal or external alterations inconsistent with the residential use of the dwelling will not be permitted. There shall be no activity, structure, or other exterior evidence that the dwelling unit is being used for any nonresidential purpose in order to conduct the home -based business. 6. E MPLOYEES. Only residents of the dwelling may be engaged in the home-based business. 7. DISPLAYS. No display of products may be visible from the street. 8. USE OF VEHICLES. Only passenger vehicles or one (1) mid-range commercial vehicle as defined in
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.