Hewitt Dr Hewitt, TX 76643
2.110. C-2 general commercial district. A. Purpose. The C-2 district is established to accommodate those uses that are of citywide and regional significance. Within this district are permitted retail, service, and office uses characteristic of retailing and wholesaling markets. This district is intended to accommodate commercial activities that cannot be acc…
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Hewitt, TX2.110. C-2 general commercial district. A. Purpose. The C-2 district is established to accommodate those uses that are of citywide and regional significance. Within this district are permitted retail, service, and office uses characteristic of retailing and wholesaling markets. This district is intended to accommodate commercial activities that cannot be accommodated in the C-1 restricted commercial district. B. Generally. (1) All business, servicing or processing, except for off-street parking, off-street loading and automobile service station operation, shall be conducted within completely enclosed buildings except as otherwise provided. No inoperative motor vehicle shall be permitted outside the business building. (2) No use hereunder shall be permitted if said use entails storage or display of items for sale not enclosed by a building except for incidental display of sale or seasonal retail items and such incidental display shall be permitted only if it occupies no more than five percent of the total lot area. (3) Accessory off-street parking is required for C-2 districts. (4) Before a parcel of land which abuts a controlled access highway is zoned as a C-2 district, the city council shall determine whether or not the public welfare requires the present or future establishment of a public service street is required [sic], the same shall be placed on the official map. (5) For any newly constructed building or any remodeling or structural changes on [an] existing building exceeding 75 percent of its fair market value, in addition to paved parking and driving areas, at least five percent of the lot, in front of the building line, shall be maintained in landscaped open area. If all of a portion of the parkway is maintained in landscaped open area, such landscaped portion will reduce the amount of landscaped area on the lot at the rate of two square feet of landscaped parkway area for each required one square foot of landscaping on the lot. (6) All metal buildings shall meet the following minimum requirements: (a) The exterior shall be of baked enamel. (b) For any newly constructed building or any remodeling or structural changes on an existing building exceeding 50 percent of its fair market value, 75 percent, excluding doors and windows, of each exterior wall shall be covered with a material other than metal. (c) The building shall comply with all zoning and construction codes of the city. C. Uses permitted. (1) Any use permitted in the C-1 district; (2) Auction rooms; (3) Auto body operations; (4) Automobile accessory stores;
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.