7995 Craft Goodman Rd Olive Branch, MS 38654-6609
Sec. 11. - C-4 Planned commercial district. A. Purpose: The purpose of the planned commercial district is to provide a mechanism for achieving a greater flexibility in the development of land for commercial purposes, not otherwise possible in conventional commercial zoning districts. B. Intent: It is the intent of this section to provide for modern, attracti…
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Olive Branch, MSSec. 11. - C-4 Planned commercial district. A. Purpose: The purpose of the planned commercial district is to provide a mechanism for achieving a greater flexibility in the development of land for commercial purposes, not otherwise possible in conventional commercial zoning districts. B. Intent: It is the intent of this section to provide for modern, attractive, and efficient retail shopping facilities. Such planned commercial developments may be designed, developed, and operated to serve areas ranging from a neighborhood to an entire urban area, and as such may be located in any area designated for commercial development by the comprehensive plan. C. Creation: A parcel of land may be zoned to the C-4, planned commercial district upon an application for change of zoning district designation, amending the zoning map of the City of Olive Branch. The board of aldermen, upon recommendation by the Planning Commission, may authorize a planned commercial district when the proposed development or use of a specific tract of land warrants a greater flexibility and control than is afforded under the general regulations applicable to the property. A planned commercial district shall be established only following a public hearing, as specified in the amendatory procedures of Article XV. D. Preliminary development plan required: When zoning is granted, the submission of a project text and preliminary development plan conforming to the requirements of this section shall be submitted for review and approval prior to any development of the property, the approval of which shall govern the development of the land and all subsequent final plans thereof. E. Uses of land: Within a planned commercial district, there are no "permitted uses" or "conditional uses" in the conventional sense. The use of land is considered an integral element of the proposed preliminary development plan. As such, approval of the preliminary development plan carries with it approval of the various uses encompassed by the plan, and as located upon it. Based upon this relationship, the Planning Commission may recommend, and the board of aldermen may require revisions to the proposed development plan as it relates to: 1. The uses proposed. 2. The spatial location of proposed uses upon the plan. 3. The area devoted to each proposed use upon the plan. 4. Or the elimination of any use(s) proposed under the plan.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.