With a zoning classification of BB3 and AR, this 8. 26-acre property on CR218 presents an opportunity for commercial development. Located just 6 miles from Blanding Blvd (SR21) with easy access to First Coast Expressway, the location benefits from its proximity to Blanding Blvd to the East & 301 to the West, ensuring a high level of visibility & accessibility in this upcoming area. Front 2. 23 acres zoned BB3, perfect for various commercial ventures. Remaining 6. 03 acreage zoned AR, providing flexibility for alternative land use. All utilities readily available: water, septic, & electric connections. Several large Pole Barns, 1 with Office & Bathroom in addition to a 3-unit RV storage building are located on the property offering versatility for various commercial & agricultural endeavors. Whether you are an investor looking to capitalize on the potential of this upcoming area or an entrepreneur seeking an optimal location for your business, this 8. 26-acre land is your opportunity!
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $228 | $228 | $228 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,184 | $5,117 | $7,017 |
Total Monthly Payment | $5,504 | $5,437 | $7,337 |
* 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.