927 Wesley Ave Greeneville, TN 37743-3635
705A. R-4 (High Density) Residential. It is the intent of this district to provide areas for high density residential development plus open areas where similar development is likely to occur. Professional services are permitted in the district provided that they meet applicable standards and are limited so as not to encourage gen eral business activity. In o…
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
R4 · Greeneville, TN705A. R-4 (High Density) Residential. It is the intent of this district to provide areas for high density residential development plus open areas where similar development is likely to occur. Professional services are permitted in the district provided that they meet applicable standards and are limited so as not to encourage gen eral business activity. In order to achieve the intent of the R-4 (High density) Residential District, as shown on the Zoning Map of the Town of Greeneville, Tennessee, the following uses are permitted: 705A.1.Any use permitted in the R-3 Residential District; 705A.2Medical clinics and hospitals, funeral homes, fraternal organizations and clubs not operated for profit, nursing homes, offices for doctors, lawyers, dentists, architect, real estate agencies, insurance agencies and similar uses provided that: 705A.2.1 They shall be located on arterial or collector streets; 705A.2.2 The buildings shall be placed not less than fifty (50) feet from all property lines; 705A.2.3 There is a planted buffer strip erected on side and rear property lines. 705A.3Existing buildings may be utilized provided that the provisions of this ordinance are met as closely as possible and that: 705A.3.1. No parking shall be allowed in front yards; 705A.3.2. A site plan is reviewed and approved by the Town Planner. 705A.4. Publicly supported low-income housing for the elderly shall be allowed and exempt from the density of use and off-street parking requirements of this ordinance provided that: 705A.4.1 A site plan is reviewed and approved by the planning commission; 705A.4.2 All buildings shall meet front, side, and rear yard requirements; 705A.4.3 The site shall be located on arterial or collector streets; 705A.4.4 The site shall be separated from abutting properties by a plant or fence buffer strip as determined by the building official; and 705A.4.5 Parking facilities shall be provided, and such facilities shall be approved by the planning commission. 705B. SR DISTRICT (Special Residential). See Article XVII. 706. M-R District (Medical Residential). It is the intent of this district to provide an area for residential and medical facilities and to continue the use of land within this district for this purpose; to prohibit the use of land for business and/or industrial activities and other land use which would interfere with the character of this Medical Residential District, as shown on the Zoning Map of the Town of Greeneville, Tennessee, the following uses are permitted: 706.1 .
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.