Prime Commercial Real Estate Opportunity in Hernando County: 2. 50 Acres Spanning Lots 9-13
Unlock the potential for significant commercial development in Hernando County with this comprehensive offering of 5 contiguous parcels, totaling 2. 50 acres. These lots, numbered 9 through 13, are ideally situated in a prime commercial zone, each with a C2 zoning classification, highlighting their suitability for a diverse array of business endeavors, including retail outlets, offices, dining establishments, and more.
The strategic location just off U. S. Hwy 19 enhances the value of these parcels, providing excellent visibility and access for any business that chooses to establish itself here. THE PRESENCE OF A FRONTAGE ROAD ACROSS THESE LOTS IS A SIGNIFICANT ADVANTAGE, REDUCING BOTH THE COST AND TIME NECESSARY FOR DEVELOPMENT, AND FACILITATING A MORE STREAMLINED CONSTRUCTION PROCESS.
The sale of these five adjoining lots presents a unique opportunity to acquire a substantial 2. 50-acre tract in a desirable area, perfect for either a large-scale enterprise or a collection of smaller commercial entities. The flexibility afforded by the C2 zoning, combined with the expansive space and existing infrastructure, sets the stage for a successful commercial venture.
Located in a bustling corridor with high traffic flow, these lots are perfectly positioned to capture the attention of potential customers traveling along U. S. Hwy 19. This accessibility and visibility make them an ideal choice for businesses aiming to maximize customer engagement and convenience.
This collective acquisition opportunity in Hernando County is a rare find, offering ample space, strategic positioning, and the advantage of existing infrastructure. It represents an exceptional investment for those looking to establish or expand their commercial footprint in a thriving and growing community. With lots 9-13 up for grabs, seize the chance to transform these 2. 50 acres into a flourishing commercial hub.
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,116 |
Total Monthly Payment | $3,285 | $3,282 | $4,208 |
* 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.