On just under half an acre along the heavily trafficked Highway 40, this commercial property offers plenty of opportunity! Zoned B-2, the property provides a variety of potential uses and features just under 100 ft. of road frontage along the highway. The property currently features a 2,700+ building with an air conditioned office and three roll-up doors that serves as an automotive repair shop. In front of the shop is a paved parking lot with plenty of space. A median is located on this section of the highway, but east-bound traffic can easily access the property via a nearby median split. This property has a fantastic location with lots of passing traffic just a few minutes from the Ocala International Airport, Ocala Breeder’s Sales, and the new World Equestrian Center.
7745 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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