3245 Penn Dixie Rd Nazareth, PA 18064-8926
§405. R-5 District; High Density Residential. The purpose of this zoning district is to create medium- high density areas, which reflect the existing character and uses of the areas. Limited commercial development is to be permitted in character with the existing area. A variety of housing needs can be satisfied by permitting a variety of housing types. 1. P…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
R5 · Nazareth, PA§405. R-5 District; High Density Residential. The purpose of this zoning district is to create medium- high density areas, which reflect the existing character and uses of the areas. Limited commercial development is to be permitted in character with the existing area. A variety of housing needs can be satisfied by permitting a variety of housing types. 1. Permitted Principal Uses. A. Single family detached dwelling. B. Single family semi-detached dwellings (duplex). C. Single family attached dwellings (townhouses). D. Two-family detached dwelling. [Ord. 594] E. Multi-family dwelling. F. Mobile home in conformance with the standards of §502(5). G. Public and private, non-profit and outdoor recreation areas such as parks, playgrounds, picnic grounds, but not including swimming pools or golf courses. H. Church, Sunday school or other place of worship, parish house, convent, rectory. I. Retail food stores not to exceed one thousand (1,000) sq. ft. of floor space and permitted in residential buildings only. J. Restaurants, excluding fast food and carryout restaurants. K. Small-scale business office, studio or agency such as insurance or real estate office, not to exceed two thousand (2,000) sq. ft. of floor space. L. Professional office. M. Bed and Breakfast Inn. [Ord. 606] 2. Permitted Accessory Uses. A. Private garage or private parking area, pursuant to §§502(1) or 502(2) and 503. B. Customary accessory structure and use. C. Sign, pursuant to §505. D. Private noncommercial swimming pool, pursuant to §502(6). E. Home occupation, pursuant to §502(7). F. Accessory uses and structures customarily incidental to a permitted outdoor recreation use such as parking areas, refreshment stand concessions, fire places, pavilions and picnic tables; provided that such accessory uses are operated only when the main use is open and are being used in conjunction with the main use. 27-21 08/07/2017 3. Special Exception Uses. A. Private or public school approved by the Department of Education, but not including correctional institutions. B. Membership. C. Personal Care Home, Assisted Living Residence and Group Care Facility. D. Day care facility. E. Conversions of existing dwelling into apartments. F. Service station. G. Cellular communication towers and antennas. H. Mixed Use I. Conversions of existing permitted uses into mixed uses, including commercial and residential combinations. 4. Dimensional Requirements. See following table.
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.