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Updated about 8 years ago, 10/27/2016

User Stats

214
Posts
140
Votes
Alexander Zurn
  • Lender
  • PA
140
Votes |
214
Posts

"Light Industrial" Zoning

Alexander Zurn
  • Lender
  • PA
Posted

Hello - I am interested in a single family in the Rhode Island/Providence area. It is a GREAT price considering other single families and, while it could use some work, might be a worthwhile investment (still vetting). A problem I see, perhaps why it is priced so low, is that it is zoned "light industrial". I do not know much about zoning but basic research I did essentially says this type of zoning involves areas with small manufacturing plants near by (?).

Few questions:

1. I assume noise will be an issue but other than that, what else should I be considering with a "light industrial" zoned property? How does this effect the value of the property?

2. Is there a way to research this further and look at potential zoning plans for the city I am in? If so, what am I looking for?

3. If anyone knows more, what exactly does "light industrial" zoning mean?

4. Would I be able to re-zone a property? If so, what would I want it zoned to as?

Thanks for the help!

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