Price reduced! All reasonable offers will be considered.This 14.5 acres of corner land presents itself as an investment or industrial owner/user opportunity. The subject has split zoning, with the majority being agricultural accompanied by 1.2 acres of commercial (C2) directly on the corner. The future land use, or comprehensive plan, calls for an industrial use. Surrounding the subject is one of Florida's largest mining areas, as well as existing heavy and light industrial users such as Turtle Infrastructure Partners, Ring Power CAT, and more. The subject is on the north-west corner of Ponce De Leon (US-98) & Cobb Rd, featuring 440 frontage feet on Ponce De Leon Blvd and 400 frontage feet on Cobb Rd. Average annual daily traffic counts on Ponce De Leon Blvd are 6,200 and 9,500 on Cobb Rd.
0 Ponce De Leon Boulevard, Brooksville, FL, 34601
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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