Attention Commercial developers and investors - This sale is for 307 AND 317 Skyblue Lane. In total, its a 10. 16 acre parcel that is flat, level, dry and zoned for commercial use, BPC-1. All surrounding parcels are also for sale for more than 26+ contiguous commercial acres in one giant rectangular parcel. Also, Sunridge Road becomes Skyblue Lane about half way down the road, so you'll see Sunridge Road and Skyblue Lane in the ad and brochure, but it's all the same street. Now, let's talk location, location, location. . . Here is your chance to own prime commercial real estate in the hot market of Auburndale, FL, JUST TWO MILES FROM THE BRAND NEW AMAZON DISTRIBUTION CENTER. Those 500+ employees and more coming will all need affordable housing ASAP! Not to mention grocery stores, gas stations, drug
stores, retail, and somewhere to grab lunch. It would also be a great spot for distribution centers! The land is currently used as residential,
agriculture, pasture land, so this land is being offered for commercial purchase for the first time! Commercial uses: These Parcels Are "Business
Park Center-1 Within the I-4 Selected Area Plan, BPC-1X", Permitted for Office Space, Multi-family dwellings, Research & Development. With
Building Permit (C1), Gas station, Bar, Childcare Center, Light Assembly, Warehouse up to 50, 000 sq ft C2 site review uses include, Banks,
Restaurants, Hotel-Motels, Schools, Churches, Retail, Warehouse up to 250, 000 sqft. This could be a great place for a strip mall with a couple of indoor-outdoor restaurants and shops and some much needed affordable housing. A place for all the biker and hiker foot traffic passing by every day on the Teco-Auburndale trail which abuts the property. Nestled between Davenport and Lakeland, this 10. 16 acre parcel includes a mobile home, old barn and shed, and is otherwise flat, clear, not in a flood zone, and ready for commercial development. Location is everything - This pand is adjacent to the Teco-Auburndale Trail, and is minutes away from I-4, the Polk Parkway, and the new Lake Myrtle Sports Park, under 30
minutes from Disney, Universal, Lego Land, pretty much all the theme parks are within a 30 minute drive. Seller will subdivide if buyer wants
less than 10. 16 acres. Additional parcels that make up the 26+ acre offering include: 314 Skyblue Lane, 318 Skyblue Lane, 256 Sunridge Road
and 261 Sunridge Road. PLEASE SEE BROCHURE.
Land, Site, and Tax Information
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,153,920 | $2,153,920 | $2,153,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $192 | $192 | $192 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,792 | $13,792 | $18,911 |
Total Monthly Payment | $14,109 | $14,109 | $19,228 |
* 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.