608 Gtwy Ave Rockwood, TN 37854-2519
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Budget Motel Rockwood Hotel & Motel
be located within the C-1 Commercial: Central Business, or C-2 Commercial: General Business Zoning Districts as depicted on the Official Zoning Map of the City of Rockwood on the date of application. No distance requirements apply as to churches or schools in C-1 or C-2 Zones. (1970 Code, § 2-208, as replaced by Ord. #09-1115, Dec. 2008, and Ord. #10-1128, D…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Rockwood, TNbe located within the C-1 Commercial: Central Business, or C-2 Commercial: General Business Zoning Districts as depicted on the Official Zoning Map of the City of Rockwood on the date of application. No distance requirements apply as to churches or schools in C-1 or C-2 Zones. (1970 Code, § 2-208, as replaced by Ord. #09-1115, Dec. 2008, and Ord. #10-1128, Dec, 2009) 8-209. Limitations on building containing liquor store . All liquor stores shall be a permanent type of construction in a material and design approved by city council. No liquor store shall be located in a manufactured or other movable or prefabricated type of building. All liquor stores shall have night lights surrounding the outside of the premises and shall be equipped with 8-8 a functioning burglar alarm-system on the inside of the premises. The minimum square footage of the liquor store display area, not including storage area, shall be a minimum of one thousand five hundred (1,500) square feet. Full, free and unobstructed vision shall be afforded to and from the street and public highway to the interior of the liquor store by way of large windows in the front and, to the extent practical; to the sides of the building containing the liquor store. All liquor stores shall be subject to applicable zoning, building, and city land development regulations unless specifically stated otherwise herein. No liquor store shall be located within five hundred feet (500') of any other liquor store in the City of Rockwood. The distance shall be measured in a straight line from the nearest point of the building upon which sits the building from which the alcoholic beverage will be sold, manufactured or stored, to the nearest point of the building upon which sits the second building from which the alcoholic beverage will be sold, manufactured or stored. The building shall be equipped with an adequate security system of cameras and camera recording devices. The Rockwood Chief of Police shall determine if the proposed building security system is adequate as to the number and location of cameras or recording devices. Recorded data, disks, or tape s, from the security system must be cataloged and maintained for a minimum of thirty (30) calendar days. (1970 Code, § 2-210, as replaced by Ord. #09-1115, Dec. 2008) 8-210. Restrictions generally . (1) Entertainment devices and seating forbidden. No form of ente1iainment, including pinball machines, music machines or similar devices, shall be permitted in any liquor store.
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.