7115 132nd SE Pl Newcastle, WA 98059-3151
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Front yard setbacks are not required within the downtown transition (DT) and downtown core (DC) zones. Design requirements regarding the use of the front yard setback, found within the CBC design guidelines (Chapter 18.22 NMC), apply. 2. These densities are allowed only through the application of mixed use development standards. 3. These densities may only b…
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
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Property description
Physical attributes from public recordsZoning & alternative use
DC · Newcastle, WAFront yard setbacks are not required within the downtown transition (DT) and downtown core (DC) zones. Design requirements regarding the use of the front yard setback, found within the CBC design guidelines (Chapter 18.22 NMC), apply. 2. These densities are allowed only through the application of mixed use development standards. 3. These densities may only be achieved through the application of residential density incentives; see Chapter 18.34 NMC. 4. Developments within the mixed use commercial (MU-C) and mixed use residential (MU-R) zones of the CBC overlay zone may exceed the height limit to a maximum of 75 feet. 5. Gas station pump islands shall be placed no closer than 25 feet to street front lines. 6. Buildings shall be placed no further from the front property line than is needed for required street frontage improvements such as sidewalks, plazas and required landscaping. These shall be considered streetfront buildings on the lot. Exceptions to streetfront building requirements are as follows: a. Increased Setbacks Along Street Type 1. Along Street Type 1 as defined in NMC § 18.15.080 , the setback of streetfront buildings may be further increased to allow for expanded landscape and plaza areas. No parking is permitted between streetfront buildings and the front lot line. b. Development of Rearward Buildings. Buildings may be placed behind streetfront buildings; provided, that: i. Streetfront buildings extend at least 75% of the lot width; or ii. Rearward buildings are aligned behind, and extend no wider than, the streetfront building(s). Figure 18.12.040(1): Buildings Located Behind Streetfront Buildings c. Deferral of Streetfront Buildings. Development of streetfront buildings may be deferred to allow construction of commercial or mixed use buildings to the rear of the site under the following provisions: i. The deferral is to allow construction of commercial or mixed use buildings only; provided, that the entire ground floor footprint of the building is designed for commercial use. ii. The site plan for the entire site includes streetfront buildings and associated parking, pedestrian areas, open space and landscaping as otherwise required under adopted development standards. iii. An interim landscape plan shall be developed for the area of the site where streetfront buildings and associated improvements will later be installed. The landscaping shall be installed prior to occupancy of any buildings on the site and shall be retained until the site is developed for the approved streetfront buildings and associated improvements.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.