36250 Main St New Baltimore, MI 48047-2145
Sec. 60-102. - Single-family residential districts, R-80, R-70, R-65. (a) General intent. The single-family residential districts are designed to be the most restrictive of the zoning districts. The intent is to provide for an environment of predominantly residential dwelling units, along with other residentially related facilities which serve the residents…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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-65 · New Baltimore, MISec. 60-102. - Single-family residential districts, R-80, R-70, R-65. (a) General intent. The single-family residential districts are designed to be the most restrictive of the zoning districts. The intent is to provide for an environment of predominantly residential dwelling units, along with other residentially related facilities which serve the residents in the district. It is further the intent of these districts to: (1) Prohibit those uses which would interfere with, or adversely affect, the development of single-family dwellings; (2) Discourage any land use which, because of its size or characteristics, would create costs or requirements for public services substantially in excess of those at the specified densities; and (3) To discourage any land use which would generate excessive traffic on local residential streets. (b) Permitted uses. (1) Single-family dwellings. (2) Family day-care (one-six children). (3) Type I home occupations (subsection 60-224 (a).) (4) Public schools. (5) Accessory buildings, structures and uses customarily incidental to the above uses when located as required in subsection 60-101 (a). (c) Special approval land uses. The following buildings, structures and uses may be permitted by the city council, after a recommendation by the planning commission and subject to the special land use requirements (article X) and the following specific section for each use. (1) Cemeteries (
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.