Multiple Adjoining Parcels are 31.08 Acres +/-. All Parcels are zoned B-5 (see attached B-5 Ordinance) and have access to City Water and City Sewer. Mostly Cleared land with 4,000 SF Office Bldg, 5,000 SF Office/Wh Bldg, and 2,400 SF Metal Building. Excellent proximity to Hwy 40 (with frontage), I-75, new World Equestrian Center. Corner site on new 44th Avenue extension which will be a signalized intersection. City has fast tracked the 44th Ave extension which will give parcel frontage on both W Hwy 40 and 44th Ave. Currently Approx 788’ Frontage on W Hwy 40 and is fully fenced. Existing Phase 1 and Phase II. No FEMA flood plain, very small portion on Marion County Flood Mapping (see attached mapping). Excellent location with B-5 zoning allowing for many opportunities to use as is or redevelop
4755 W Highway 40, Ocala, FL, 34482
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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