Emerald Isle, NC 28594
R2 Residential RMF Residential Multi Family MH MobileManufactured Home BUSINESS/GOVERNMENT/CAMP DISTRICTS B Business C Camp G Government MIXED-USE DISTRICTS VE Village-East VW Village-West MV Marina Village OVERLAY DISTRICTS Bogue Field AICUZ Bogue Field Air Installation Compatible Use Zone Overlay VE-C Village-East Conditional Overlay VW-C Village-West Cond…
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Emerald Isle, NCR2 Residential RMF Residential Multi Family MH MobileManufactured Home BUSINESS/GOVERNMENT/CAMP DISTRICTS B Business C Camp G Government MIXED-USE DISTRICTS VE Village-East VW Village-West MV Marina Village OVERLAY DISTRICTS Bogue Field AICUZ Bogue Field Air Installation Compatible Use Zone Overlay VE-C Village-East Conditional Overlay VW-C Village-West Conditional Overlay MV - C Marina Village Conditional Overlay EEO Eastern End Oceanfront Overlay (Ord. of 8-10-10(2), §§ 1, 2) 3.1.2 Relationship of Base and Overlay Zoning Districts Lands within the Town shall be classified into one (1) of the base zoning districts established in section 3.1.1, Base and Overlay Zoning Districts Established, and may also be classified into also one (1) or more of the overlay districts set forth in section 3.1.1. Where land is classified into an overlay district as well as a base zoning district, the standards governing development in the overlay district shall apply in addition to the standards governing development in the underlying base zoning district. In the event of an express conflict Created: 2021-11-24 14:51:30 [EST] (Supp. No. 49) Page 70 of 231 between the standards governing a base zoning district and those governing an overlay district, the standards governing the overlay district shall control. 3.1.3 Compliance with Ordinance Standards No land within the City shall be developed except in accordance with the zoning district regulations of this Ordinance as applicable to the base zoning district and the overlay zoning districts (if any) in which the property is located. 3.2 PURPOSE AND INTENT 3.2.1 Base Districts (1) Residential (R2) Residential district allowing a single-family dwelling or a two-family dwelling on a lot. (2) Residential Multi-Family (RMF) Residential district allowing a single-family dwelling, a two-family dwelling, or a multifamily dwelling on a lot. (3) MobileManufactured Home (MH) MobileManufactured home district allowing mobilemanufactured homes on lots located outside of mobilemanufactured home parks. (4) Business (B) Business district allowing a general and wide variety of retail and professional uses. The district will also allow residential use that is supplemental to business uses, but is not intended solely for residential housing. Only business use is allowed on the ground level of a structure, while upper levels are allowed to have residential and/or business uses. (5) Camp (C) Recreational district allowing travel trailers, campers and tents. (6) Government (G) A district allowing a variety of governmental and public uses.
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.