665 Erwin Hwy Greeneville, TN 37745-0989
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Old Oak Taproom Restaurant
708. B-1 (Neighborhood) Business . It is the intent of this district to establish business areas to serve the surrounding residential districts. The district regulations are intended to discourage strip business development and encourage grouping of uses in which parking and traffic congestion is reduced to a minimum. In order to achieve the intent of the B-…
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
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Property description
Physical attributes from public recordsZoning & alternative use
B1 · Greeneville, TN708. B-1 (Neighborhood) Business . It is the intent of this district to establish business areas to serve the surrounding residential districts. The district regulations are intended to discourage strip business development and encourage grouping of uses in which parking and traffic congestion is reduced to a minimum. In order to achieve the intent of the B-1 (Neighborhood Business) District, as shown on the Zoning Map of the Town of Greeneville, Tennessee, the following uses are permitted. 708.1 . Any use permitted in the R-4 Residential District; 708.2 . Shopping centers provided that they shall conform to all requirements of the shopping center regulations of the Town of Greeneville, Tennessee; 708.3 . Grocery stores, drug stores, hardware stores, shoe repair shops, barber and beauty shops, laundromats, and laundry pick up stations, restaurants, and similar uses; 708.4 . Business signs provided that all signs, except one detached sign allowable in the shopping center ordinance, shall be erected flat against front or side of a building or within eighteen (18) inches thereof. All signs shall not project above buildings nor have flashing intermittent or moving illumination. 708.5 . Gasoline service stations provide that all structures, including underground storage tanks, shall be placed not less than twenty (20) feet from all property lines. Points of ingress and egress shall be not less than fifteen (15) feet from intersection of street lines. 709. B-2 (Central) Business . It is the intent of this district to establish an area for concentrated general business development that the general public requires. The requirements are designed to protect the essential characteristics of the district by promotion of business and public uses which serve the general public and to discourage industrial, and wholesale development which do not lend themselves to pedestrian traffic. In order to achieve the intent of the B-2 (Central Business) District, as shown on the Zoning Map of the Town of Greeneville, Tennessee, the following uses are permitted: 709.1 . Multifamily dwellings; 709.2 . Stores and shops conducting retail business; 709.3 . Personal, business, and professional services; 709.4 . Public buildings and uses upon review of the Greeneville Regional Planning Commission; 709.5 . Semi-public uses upon approval of a site plan by the Building Official. 709.6 . Business signs, parking lots and garages, and advertising signs; 709.7 . Lodges and clubs; hotels and motels, restaurants, and similar services. 709.8 . Mini Warehouses provided that: 709.8.1.
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.