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15551 N US HIGHWAY 301, Citra, FL, 32113 | $800,000
Bring an offer! Motivated Seller! B-4 Zoning the highest use classification; you can make this acreage a shopping center, sports arena, contractor yard, storage facility or a skate ring. The uses are numerous. Currently this property is being used as an automotive repair shop, a lucrative core business and a tow yard. Tow truck and other equipment included with the right offer. Move in ready to start your own automotive repair business or other. Business has 3 bays, plenty of parking and an office space. New electrical system 2018 with 200 amps, the home and business each have their own meters and there are security lights. This offering comes with a gated 3 bedroom 2 bath doublewide located on the premises as well. Situated on the busy Hwy of 301; LOCATION LOCATION LOCATION! This business is considered a part of the metropolitan area of Ocala Fl. The population of Ocala in 2020 is 61, 719 with an annual growth rate of 1. 06%. The traffic count for Hwy 301 is 13, 300 per day. Hwy 301 is a 4-lane Hwy at this juncture. This is the route taken to go north to Jacksonville. The estimated overall capitalization rate is 13% with an estimated NOI of $64, 269 annually.
Features
- Property Type: Business
- Construction: Block
- Garage: 19 to 30 Spaces
- Heating: Electric
- Cooling: Central Air, Wall/Window Unit(s)
- Year Built: 1994
- Approx Sq. Feet: 3,062
- Acreage: 2.4
- Est. Taxes: $2,069
- MLS#: OM627787
- Days on Market: 714 days
- Website: https://www.raveis.com
/prop/OM627787/15551nushighway301_citra_fl?source=qrflyer
Listing courtesy of QUARTER STONE REALTY, LLC Phone: 352-426-8934
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
15551 N US HIGHWAY 301, Citra, FL, 32113
$800,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
| Monthly Tax Payment | $172 | $172 | $172 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,397 |
| Total Monthly Payment | $4,522 | $4,518 | $5,661 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388