5862 Hwy 301 Horn Lake, MS 38637
by and compatible with a residential environment. Include (R-15, R-12, R-10, R-9 and R-8) (2.9 to 5.5 DUA) D. - HIGH DENSITY RESIDENTIAL DISTRICT (R-HD). 1. The same description as in the medium density residential, with the exception that this is a much more urban style of residential development, with reduced setbacks and yard area. Include (R-6 & RM6) (7…
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-9 · Horn Lake, MSby and compatible with a residential environment. Include (R-15, R-12, R-10, R-9 and R-8) (2.9 to 5.5 DUA) D. - HIGH DENSITY RESIDENTIAL DISTRICT (R-HD). 1. The same description as in the medium density residential, with the exception that this is a much more urban style of residential development, with reduced setbacks and yard area. Include (R-6 & RM6) (7 to 12 DUA) E. - OFFICE DISTRICT (O). 1. The "O" District is intended to permit a wide variety of professional office use, as well as limited commercial uses in areas when the premises adjoins an existing commercial or industrial district. Such uses shall be established only when they would act as a buffer between residential and non-residential uses located along highways, major roads and/or when such uses would abut a non-residential use. F. - NEIGHBORHOOD COMMERCIAL DISTRICT (C-1). 1. The "C-1" District is intended to provide for retail shopping for everyday needs and personal services to serve the surrounding residential areas. The permitted intensity of land use within the "C-1" District is designed to minimize adverse affects on adjacent residential property. Generally, the "C-1" District is appropriately established at the intersections of major streets within residential areas. G. - GENERAL COMMERCIAL (C-3). 1. The "C-3" District is intended to provide for modern, attractive, and efficient retail, personal and professional commercial facilities with access needs which demand location along roadways other than major arterials. Uses permitted in this district are frequently automobile-oriented. Commercial land use which is not necessary to serve local neighborhoods and which might be harmful to nearby residences shall be discouraged. H. - PLANNED COMMERCIAL DISTRICT (C-4). 1. This district is intended to permit the development and maintenance of planned commercial developments, including shopping centers, characterized by single structure or an integrated complex of structures with planned building locations, parking and loading areas, driveways and landscaping. Such planned commercial developments may be designed to serve areas ranging from a neighborhood to the entire urban area. This district should be adjacent to one or more major roads as designated in the comprehensive plan, transportation plan, and may be adjacent to an area zoned or used for residential purposes if appropriate landscape screening is provided to adequately buffer the residential use from incompatible noises, sights and lighting. This district will replace the former C2 commercial district. I.
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.