Main St Terre Hill, PA 17581
multi-family dwellings. For the purpose of this Chapter, that term would include R-1, R-2 and R-C districts. Terre Hill Borough Zoning Ordinance of 2019 - 13 - RESTAURANT - a structure in which the principal use is the preparation, sale and consumption of food and beverages. RIGHT-OF-WAY - the total width of any land reserved or dedicated as a street, alley…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Terre Hill, PAmulti-family dwellings. For the purpose of this Chapter, that term would include R-1, R-2 and R-C districts. Terre Hill Borough Zoning Ordinance of 2019 - 13 - RESTAURANT - a structure in which the principal use is the preparation, sale and consumption of food and beverages. RIGHT-OF-WAY - the total width of any land reserved or dedicated as a street, alley or pedestrian way, or for any other public or private purpose. ROAD CLASSIFICATION - a designation given a road or street in accordance with its function as a carrier of traffic and fro m which specific setbac k distances as provided in this Chapter apply. Road classifications are set forth in the Borough’s Future Land Use Plan. For the purpose of this Chapter, the following four (4) classifications shall apply: ALLEY - a narrow public or private through-fare that provides only a secondary means of vehicular access to abutting properties. Named Alleys include, without limitation, : Baer St., Schnader St., Walnut St., and Watt Ave. This is the lowest classification of streets and roads. MAJOR COLLECTOR - this classification includes streets that provide connections with local access and arterial streets. They may serve a traffic corridor connecting villages, small boroughs, shopping points, and mining and agricultural areas on an intra-county or municipal basis. State route 897 is an example of a major collector road. This is the highest classification of streets and roads. LOCAL - this classification provides dire ct access to adjacent land and includes connections to farms, individual r esidences and commercial properties, and to higher classes of highway systems. All streets not na med elsewhere in this chap ter are local streets. This is the second lowest classification of streets and roads. MINOR COLLECTOR - this classification i ncludes streets that carry a small amount of residential thru traffic collected from local streets. Linden and Vine streets, Lancaster and Center avenues and the extensions of Main St. not included as part of State Route 897 are examples of minor collectors. This is the second highest classification of streets and roads. SELF STORAGE - a facility used only fo r the storing of household or personal property, or commercial property, with no commercial transactions permitted other than the rental of the storage unit. SHED - a relatively small structure often purchased pre-built or as a kit in pre-fabricated sections. It is not designed to be served by heat, electricity or plumbing, and does not need to be placed on a permanent foundation.
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.