Walnut St Perkasie, PA 18944
A Apartment District: The purpose and intent of this district is to provide appropriate areas for multifamily development in order to broaden the Borough's housing base and therefore serve a greater variety of housing needs. Reasonable standards are provided to prevent overcrowding of land, to regulate the density of population, to avoid undue congestion in…
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A · Perkasie, PAA Apartment District: The purpose and intent of this district is to provide appropriate areas for multifamily development in order to broaden the Borough's housing base and therefore serve a greater variety of housing needs. Reasonable standards are provided to prevent overcrowding of land, to regulate the density of population, to avoid undue congestion in the streets and to allow for the harmonious development of apartments and other uses which are compatible with higher density residential development. Creating conditions conducive to carrying out the broad purposes of this chapter is an additional reason for the establishment of this district. (1) Uses permitted: A building may be erected or altered to be used either in whole or in part and a lot may be used or occupied for any of the following uses and no other, provided that every use shall comply with all applicable regulations of this chapter including yards, lot area, lot width, building area and height, impervious surface, buffers, and off-street parking. [5] (a) Uses by right. Any of the following uses shall be permitted, provided the requirements of Article IV , Use Regulations and Restrictions, are met. A(2) Forestry/timber harvesting B(5) Multifamily dwelling C(2) Community center C(5) Day-care center C(6) Golf course C(9) Library or museum, public C(12) Recreational facility, governmental C(13) Recreational facility, nongovernmental C(14) Religious place of worship E(6) Entertainment and recreation facilities, outdoor, nongovernmental F(1) Emergency services F(2) Utility H(1) Accessory structure or accessory use H(5) No-impact home-based business (b) Uses by conditional approval. The following uses shall be permitted when authorized as a conditional use by Council in accordance with Article XII . B(10) Housing for elderly (c) Uses by special exception. The following uses shall be permitted by special exception only when authorized by the Zoning Hearing Board in accordance with Article XI and when all requirements of Article IV , Use Regulations and Restrictions, are met. B(6) Residential conversion C(3) Community garage or parking area (for residential use) C(7) Hospital C(10) Nursing home C(11) Private club or lodge C(15) School, public or private E(7) Funeral home or mortuary H(2) Accessory dormitory H(4) Home occupation [5]
No recorded transactions found for this property.
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.