4311 Independence Hwy Independence, OR 97351-9800
SUBCHAPTER 21: MEDIUM-DENSITY RESIDENTIAL (RM) ZONE 21.005 Purpose The purpose of the Medium-Density Residential (RM) Zone is to define and protect areas suitable for low or medium-density residential uses. Such areas are intended for the development and use of single -family dwellings and medium -density residential structures such as duplexes, row houses,…
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
Property description
Physical attributes from public recordsZoning & alternative use
RM · Independence, ORSUBCHAPTER 21: MEDIUM-DENSITY RESIDENTIAL (RM) ZONE 21.005 Purpose The purpose of the Medium-Density Residential (RM) Zone is to define and protect areas suitable for low or medium-density residential uses. Such areas are intended for the development and use of single -family dwellings and medium -density residential structures such as duplexes, row houses, and townhouses. 21.015 Permitted and Conditional Uses Allowed permitted and conditional uses within the Medium-Density Residential Zone are presented in Sub chapter 17. Uses not allowed within the matrix are considered to be prohibited, except as provided in Section 10.050. 21.021 Prohibited Uses The following uses are prohibited in the RM Zone: A. Medical Marijuana Processing Site. B. Recreational Marijuana Producer. C. Recreational Marijuana Processor. D. Recreational Marijuana Wholesaler. E. Recreational Marijuana Retailer. F. Marijuana Research Facility. G. Marijuana Testing Laboratory. 21.030 Density, Area and Dimension Requirements Allowed density, height, lot area, lot coverage, setbacks and other area and dimension requirements in the Medium-Density Residential Zone are presented in Subchapter 18. 21.055 Off-Street Parking A. Number of Spaces Required. The required number of parking spaces shall be as specified in Subchapter 73. B. Parking Types Allowed. 1. Garage. A garage is allowed subject to the design and setback requirements of the zone. 87 2. Carport. a. If an attached carport is proposed, the structure shall meet the setback and applicable design requirements for an attached garage. b. If a detached carport is proposed, the structure shall meet the design and setbacks for detached garages, provided that the side yard setback shall be at least five (5) feet. 3. No Carport or Garage. Where a garage or carport is not proposed, two paved, 10 by 20 -foot off-street parking spaces are required for each single-family dwelling or duplex unit. C. Width of Paving. In no instance shall a paved portion of the front or side yard exceed more than 50 percent of the lot width. D. Manufactured dwellings located in manufactured dwelling parks are required to install either a garage or carport. 21.060 Residential Design Standards Design standards for residential uses in the Medium-Density Residential Zone are presented in Subchapter 19. 21.065 Development Standards for Multiple-Family Development A. Signs. Signs shall be subject to the provisions of Subchapter 58. B. Landscaping. All development is subject to the landscaping provisions in Subchapter 54.
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.