One or more photo(s) has been virtually staged. Per attached appraisal, this property is presently listed at 70% of the appraised value.
Property Type:
Health Care, Multi-Family, Special Purpose
Acreage: 6. 73 acres
Location: Unincorporated Polk County
Close Proximity to Lake Weohyakapka (7, 549 acres, a Public Lake)
This exceptional, 6. 73 acre property, offers an exciting opportunity in the heart of Unincorporated Polk County. With its rich history and serene surroundings, this former church offers a truly unique canvas for investors, developers, and entrepreneurs seeking to make a positive impact in the community.
At just under 7 acres, the property's expansive land provides ample space for a wide range of potential developments, making it an ideal choice for Health Care facilities, Multi-Family housing, or Special Purpose projects. Its proximity to the tranquil Lake Weohyakapka, spanning 7, 549 acres, adds an element of natural beauty and recreational potential that is sure to enhance the appeal of any project.
Whether you envision a state-of-the-art healthcare facility, a contemporary multi-family housing complex, or a specialized purpose-driven project, this former church on 6. 83 acres offers a canvas of possibilities waiting to be explored. Don't miss your chance to be a part of the transformation of this historic property into a vibrant and meaningful addition to the community. Contact us today to learn more and schedule a viewing.
Key Highlights:
Versatile Zoning: This property's zoning allows for a variety of commercial and specialized uses, providing flexibility for investors and developers to explore their vision.
Historic Charm: The original church building exudes character and history, offering the potential to incorporate unique architectural features into any redevelopment project.
Scenic Surroundings: The property's close proximity to Lake Weohyakapka ensures a peaceful and picturesque setting that can be leveraged to enhance the appeal of your development.
Strategic Location: Situated in Unincorporated Polk County, the property benefits from favorable regulations and a growing local economy.
Investment Opportunity: With the potential for multiple uses, this property presents an attractive investment opportunity for those seeking to capitalize on its prime location and unique characteristics.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,500
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 | $599,600 | $599,600 | $599,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,989 | $3,985 | $5,057 |
Total Monthly Payment | $4,238 | $4,234 | $5,306 |
* 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.