"Light Industrial" Zoning
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!