14. 05 acres of prime commercial real estate located in Baker county at the I-10/125 interchange; Exit 333. Seller is willing to subdivide. Please see map for location of nearest water, sewer & natural gas lines. According to Fema flood map & online wetlands mapper, property is all flood zone X & little to no wetlands. All boundary lines are estimates only. Buyer to use due diligence to verify any & all information. Specs & additional info, as follows. Land Use and Zoning: Commercial and Commercial Highway. Location: Northeast quadrant of Nursery Boulevard and Nursery Boulevard, which is where Nursery Boulevard turns northbound from running parallel to Interstate 10. The subject parcel is located within 1, 200 linear feet of the interchange of Interstate 10 and County Road 125 in the heart of Macclenny/Glen St. Mary, the Baker County seat. Adjacent Use (west): Island Oaks RV Resort opened in April of 2022 with its entrance located across from the subject parcel. The Resort is comprised of two (2) phases that have been approved by Baker County's Board of County Commissioners and is designed to accommodate 990 RVs with a percentage of Park Model spaces provided. All amenities are built and are fully functioning. Phase 1 has 385 lots that are available year round, built and fully functioning. The current average capacity is at 50% (193 RVs); long stay customers make up 30% (116 RVs) and holiday capacity is at 100% (385 RVs). The Resort provides amenities that range from a heated swimming pool (open year-round), hot tub, pickle ball, shuffleboard, volleyball, basketball, Bocce ball, kid's lounge and playground, fitness center, bar, mini golf, arcade, and craft room. Adjacent Use (east): Journey Convenience Store. Adjacent Use (north): Single family residences Adjacent Use (south): Interstate 10"
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,849 | $8,964 | $12,196 |
Total Monthly Payment | $8,974 | $9,089 | $12,321 |
* 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.