Under contract-accepting backup offers. Prime commercial opportunity boasting direct frontage on US Highway-301 (AADT - 15, 800)! This vacant land offers mixed-use zoning, encompassing B-4 and A-1 classifications. Marion County has authorized construction of up to a 6 UNIT COMPLEX on lots 7-10, allowing for up to 24 units! Additionally, the agricultural designation allows for one residence per acre. Spanning over 12± acres and divided into four individual lots, this property presents adaptable, tailored space, ideal for realizing your business ambitions.
Each lot has undergone professional clearing, with majestic Live Oaks thoughtfully preserved amidst the cleared areas, lending a charming, picturesque appeal. Versatile in application, this property suits a range of businesses including auto/truck sales, storage, retail, restaurants, commercial vehicle parking, and laundromats, among others. Don't overlook this exceptional chance to secure commercial real estate with direct US Highway-301 access.
Contact us today to schedule a viewing and unlock the potential of this space for your business success. *OWNER FINANCING TERMS AVAILABLE*"
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $199 | $199 | $199 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,393 | $3,036 |
Total Monthly Payment | $2,699 | $2,667 | $3,310 |
* 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.