358 Freemason St Norfolk, VA 23510-1296
-
Haven at Freemason: Choosing Wellness Gym & Fitness Center Alternative Medicine Practice
-
Americana Kitchen Restaurant
(A) In the HC-WF1 and HC-WF2 districts, the maximum number of rooms shall be four. The principal building shall contain one full bathroom for the exclusive use of the employee and other members of the resident household. In addition: (A) In the HC-G1, HC-G2 and HC-G3 districts, a minimum of one additional full private bathroom for each guest bedroom shall be…
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
HC-WF1 · Norfolk, VA(A) In the HC-WF1 and HC-WF2 districts, the maximum number of rooms shall be four. The principal building shall contain one full bathroom for the exclusive use of the employee and other members of the resident household. In addition: (A) In the HC-G1, HC-G2 and HC-G3 districts, a minimum of one additional full private bathroom for each guest bedroom shall be provided; and (B) In all other zoning districts, a minimum of one additional full bathroom for every two guest bedrooms shall be provided; and (C) Bathrooms shall include a toilet, sink, bath or shower, and be compliant with the Building Code. Campground An outdoor facility designed for overnight accommodation in tents, rustic cabins and shelters for recreation, education, naturalist, or vacation purposes. Services related to the operation of the campground shall be allowed as accessory appurtenances. Minimum net lot area shall be five acres. The campground shall be reasonably accessible to an improved public street, and access shall not be by means of streets internal to single-family neighborhoods. Vehicle access shall be provided by well-maintained driveways. Existing vegetation shall be cleared only when necessary for campground facilities. Hotel or motel A building or a group of buildings containing 10 or more sleeping and lodging units offered to the public and intended primarily for use by transient persons or tourists on an overnight or short-term lodging basis (by the day or week). A hotel or motel is distinguished from a multi- family dwelling in which rentals or leases are primarily for weekly or longer periods and occupancy is primarily by residents rather than transients. A hotel or motel includes furnished rooms which may include kitchen facilities, a lobby, clerk's desk or counter, facilities for registration and keeping of records related to the guests, and linen and housekeeping services. Length of stay shall be limited to 30 days, except where permitted by Chapter 22 of the City Code. The operator shall provide on-site management at all times while a lodging unit is occupied.
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.