Skip to main content

Can I profit or will I suffer from discovery that my rural home is on a residential block zoned industrial? (SE Washington state)

I inherited a free and clear one story 3 bedroom home on .5 acres on the edge of a town of 400 in the middle of grain fields. It's 15 miles from a university city to the north and a larger city on a major river to the south. East and west is farm land. Farm land abuts the back of my property. A north south state highway is three blocks from me.

The street I'm on is filled with homes on each side of the street.

North of me and directly across is a volunteer fire station and town maintenance guys building

Recently a family moved in to a beautiful home on one acre next to the town maintenance building.

I noticed the huge side yard being destroyed by his large trucks and trailers being driven onto that side yard and stored there. He also cut down all the fir and deciduous trees. I inquired about it to the one person town hall clerk. I was told he was fine because his land was zoned industrial.

I then learned my lot is zoned industrial also. In fact, my entire single family home block is zoned industrial.

I run a home based online business. I am a widow and I need to make more money.

I have been thinking about this discovery and if I can use it to my advantage.

I got the few pages of zoning from the tiny website the town has. All things that can be done in residential can also be done in commercial and industrial but commercial allows for business and no set back .. industrial allows for any industrial uses not forbidden by law.

Link to zoning: http://coltonwashington.us/ordinances.html

Fast read those zoning docs!

Does anybody have any warnings for me as I brain storm on how to use this zoning discovery to my advantage? I keep thinking that this could open doors to a lot of new ways to use my half acre to make money but I wonder if my naivete is going to get me into trouble somehow.

Thanks in advance for any words.

submitted by /u/Sun-Shiney
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/k4907l/can_i_profit_or_will_i_suffer_from_discovery_that/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...
1 comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more