Ground Lease for just $0. 42/Sq Ft, and up to 100 years triple net lease, there is over 940, 000 Sq ft or 21. 62 acres of land in addition to the buildings. This prop is for sale as well and Seller financing available with good terms (20% down, 4% interest, 5 years loan, asking price $5, 950, 000. 00)!! With all growth and the upcoming developments this is a great spot for a Topgolf project, and more!!
Ground Lease for just $0. 42/Sq Ft.
You can do Bottled water here, there are 3 wells in the property with a very high water pressure, you can sell water and get anywhere between 1 million to 15+ million gallon per day, you have to call to get more info about this.
You can park around 40 semi-trucks and trailers per acre so that's over 850 semi-trucks and trailers more or less. This is a great fit for a warehouse (Amazon etc. . . ), Gas station, Plazas, Self-storage, even selling Lawn here will make you a huge profit.
Excellent opportunity for light industrial development including Offices, light industry, research/corporate parks, and warehouses/distribution centers (Amazon etc. . ), Other retail/commercial support such as restaurants, banks, day-care centers, dry cleaners, hotels/motels, and service stations, retail/ commercial, manufacturing, Recycling centers, etc. . . the site is approved for up to 60 feet or 3 story building, in Dade City, Florida.
Nestled within a picturesque landscape, this property offers an exceptional opportunity. Boasting a prime location along Old Lakeland Highway with contiguous access to Townsend Road, it provides unparalleled visibility and accessibility for various commercial endeavors.
Spanning 21. 61 acres of level, upland terrain, the property features a 3, 500 square foot home and a 2, 520 square foot pole barn, both of which enhance its versatility for potential uses. Cleared of trees and boasting a square-shaped layout, the land is primed for development, with utilities such as electric, gas, well, and septic readily available. Dade City's unique blend of historic charm and modern amenities sets the stage for a thriving business environment. Its vibrant downtown area, adorned with antique shops, boutiques, and eateries, reflects the community's commitment to preserving its heritage while embracing progress. Furthermore, the property's strategic location within the burgeoning Tampa Bay area underscores its potential for growth. Just a short distance from major highways and attractions, including US 98 and I-4 in Tampa, it offers easy access to a wide range of amenities and opportunities.
In summary, this property presents an enticing prospect for developers and businesses seeking to capitalize on Dade City's rich heritage and the region's economic momentum. With its favorable zoning, infrastructure, and surrounding amenities, it stands poised to become a hub for light industrial activity in this thriving corner of Florida, see attached flyer for the residential developments around the site. Call for more Info!
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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 | $4,760,000 | $4,760,000 | $4,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $243 | $243 | $243 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,873 | $30,479 | $42,122 |
Total Monthly Payment | $31,241 | $30,847 | $42,490 |
* 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.