31st Hwy Hwy Portland, TN 37148
8-102.2 IG, GENERAL INDUSTRIAL DISTRICTS This class of district is intended to provide space for the types of industrial activities which by reason of volume of raw materials or freight, scale of operation, type of structures required, or other similar characteristics require locations relatively well segregated from non-industrial uses. New residential acti…
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
IG · Portland, TN8-102.2 IG, GENERAL INDUSTRIAL DISTRICTS This class of district is intended to provide space for the types of industrial activities which by reason of volume of raw materials or freight, scale of operation, type of structures required, or other similar characteristics require locations relatively well segregated from non-industrial uses. New residential activities are excluded, and commercial establishments and community facilities which provide needed services for industry and are complementary thereto are permitted. 8-102.3 IS, SPECIAL INDUSTRIAL DISTRICTS This class of district is intended to provide suitable areas for intense or potentially noxious industrial operations, including open land operations. It is specifically intended that all newly created districts be so located as to prevent possible negative impact upon adjoining uses. To this end, these districts are to be protected from encroachment by other activities. Adult Oriented Business: This class of district shall also provide suitable areas for uses that, because of their very nature, are recognized as having serious objectionable operational characteristics, thereby, having a deleterious effect upon adjacent areas and that special regulation of these uses is necessary to ensure that t hese effects will not contribute to the blighting or downgrading of the surrounding neighborhoods. (Added by Ordinance 549, October 6, 1997) As Amended __/__ 2024 Page 181 of 345
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.