Sultan, WA 98294
Urban Center (UC) Zone. A. Purpose. The purpose of the Urban Center Zone is to provide a mixed-use downtown for high density residential, commercial, office, and other central business district functions supported by a full range of pedestrian-oriented activities and urban services to establish a close-knit urban center. "Mixed-use" zoning means zoning that…
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
UC · Sultan, WAUrban Center (UC) Zone. A. Purpose. The purpose of the Urban Center Zone is to provide a mixed-use downtown for high density residential, commercial, office, and other central business district functions supported by a full range of pedestrian-oriented activities and urban services to establish a close-knit urban center. "Mixed-use" zoning means zoning that permits a combination of typically separated uses within a single development or in close proximity. Mixed use in an urban context refers to usually a single building or complex of buildings with more than one type of activity such as residential and commercial uses taking place within its confines. An example of such a type of development could have retail stores on the ground floor, offices above the ground floor, and residential units above the offices. Other combinations of uses may also occur in a mixed-use setting. B. Maximum Density: 30 units per acre. ADUs, co-living housing, emergency shelters, and emergency housing are exempt from maximum density limitations provided the development meets the dimensional requirements in SMC § 16.12.050F . C. Permitted Uses. 1. Residential uses: a. Detached building forms: i. Guest houses. b. Attached building forms: i. Duplexes/two-family dwellings; ii. Townhomes (attached single-family dwellings); and iii. Live/work dwelling units. c. Stacked building forms: i. Apartments/multifamily dwellings; ii. Transitional housing; and iii. Permanent supportive housing. d. Accessory building forms: i. Accessory dwelling units (up to two per lot). e. Boarding houses; f. Residential care facilities; and g. Co-living housing. 2. Hotels and guest houses. a. Hotels; b. Lodging houses; c. Motels; d. Emergency shelters; and e. Emergency housing. 3. Retail trade establishments. a. Apparel and accessories shops; b. Book and stationery stores; c. Candy stores; d. Craft and artisan shops and studios; e. Dairy products stores; f. Electrical and electronic products stores; g. Florist shops; h. Furniture stores; i. Grocery stores (under 10,000 square feet); j. Boutique and gift shops; k. Household items stores; l. Office furnishings and equipment stores; m. Computer, telephone, and photographic equipment stores; n. Sporting goods stores; o. Retail food establishments (all types except drive-in restaurants); p. Coffee shops; q. Jewelry shops; r. Pharmacy/drug stores; s. Pawnshops; t. Antique stores; u. Theaters, art galleries, and museums; v. Bars, taverns, and cocktail lounges; w. Bakery shops; x. Convenience stores; y. Parking structures. 4. Personal service establishments. a.
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.