Topeka Ave Manitou Springs, CO 80829
within the Hillside Low Density Residential (HLDR) district while avoiding areas most susceptible to natural hazards within the district, and ensuring adequate mitigation when strict avoidance is not feasible. B. Applicability. Hillside Site Plans are required for the construction of a new Single-Household Detached dwelling within the Hillside Low Density Re…
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
HLDR · Manitou Springs, COwithin the Hillside Low Density Residential (HLDR) district while avoiding areas most susceptible to natural hazards within the district, and ensuring adequate mitigation when strict avoidance is not feasible. B. Applicability. Hillside Site Plans are required for the construction of a new Single-Household Detached dwelling within the Hillside Low Density Residential (HLDR) Zoning District and shall replace the requirement for a Minor Site Plan . C. Submittal. Applicants shall make a submittal to the Planning Department in accordance to the Hillside Development Plan Checklist. D. Procedure. Applications for a Hillside Site Plan shall follow the General Application Procedures as outlined in Section 18.06.2 and further described in Section 18.06.3 of this Chapter. E. Approval Criteria. The Planning Director shall approve the request if: a. The highest, and/or most visible portions of site, along with the least accessible areas of site, shall be preserved; b. Significant natural features and vegetation are preserved; c. The request complies with all the development standards for the HLDR zone in Section 18.02.2.4 and other requirements of this LUDC. F. Final Approval. Final approval for occupancy by PPRBD and the Planning Director shall not be granted unless the Grading and Erosion Control Plan, Drainage Plan, and conformance with Section 18.02.2.4 (Hillside Low Density Residential Standards), have been met. A stop order, a cease and desist order, or such other remedy as may be deemed appropriate by the City, may be utilized during construction to assure compliance with the standards contained within this LUDC. G. Expiration. If no building permit is issued for an alteration requiring the issuance of a Building Permit within twelve months after planning permission has been granted then that permission will lapse, unless good cause can be shown to the City Planning Director. In the event that good cause is shown, the permission may be extended by the City Planning Director for up to one, twelve-month period. "Good cause" for purposes of this section shall mean justifiable and reasonable reasons why a building permit was not issued by the deadline. Examples of good cause include delays in building permit review by the reviewing agency, inability to secure financing in a timely manner, and similar causes not solely the result of the applicant's failure to pursue the development with due diligence. 18.06.4.26 - Minor Modification. A. Purpose.
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.