Switzerland Dr Hope Mills, NC 28348
(6) R-6A residential district. A district designed for a mix of single - and multiple-family dwellings including the use of manufactured homes on individual lots and in manufactured home parks. (7) R-5A residential district. A district designed primarily for multi ple-family housing with a maximum density of 13.5 dwelling units per net acre. (8) R-5 resident…
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R6A · Hope Mills, NC(6) R-6A residential district. A district designed for a mix of single - and multiple-family dwellings including the use of manufactured homes on individual lots and in manufactured home parks. (7) R-5A residential district. A district designed primarily for multi ple-family housing with a maximum density of 13.5 dwelling units per net acre. (8) R-5 residential district. A district designed primarily for multiple-family dwelling units with a maximum density of 29 units per acre, dependent upon the type of development. (b) Office and institutional district. - O&I(P) planned office and institutional district. This district is designed primarily for agencies and offices rendering specialized services in the professions, finance, real estate, and brokerage as well as the traditional institutional functions both public and private, public assembly, religious and certain cultural and recreational activities and group housing. The uses in this dis trict classification may be characterized as having no retail or wholesale trade, except as incidental use. The district is normally small and often situated between business and residential areas. The regulations are designed for maintaining more compatib ility with nearby residential districts than would exist with a commercial district. To promote the essential design features with the O&I(P) district, site plan approval is a requirement. (c) Commercial districts. (1) C1(P) planned local business di strict. This district is designed to cater to the ordinary shopping needs of the immediate neighborhood with emphasis on convenience goods. This district is customarily located adjacent to an arterial street and generally surrounded by residential areas. To promote the essential design features with the C1(P) district, site plan approval is a requirement for development proposed for the district. (2) C2(P) planned service and retail district . This district is designed to allow for the non-residential development of land with service and retail uses not typically considered intrusive to neighboring residential properties or in areas generally requiring a greater degree of restrictions regarding the commercial use of properties. (3) C(P) planned commer cial district. The intent of this district is to assure the grouping of buildings on a parcel of land so as to constitute a harmonious, efficient and convenient retail shopping area. To promote the essential design features within this district, site plan approval is required.
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.