What a great property in a fast growing corridor! This mixed use commercial land contains about 4. 66 acres & has easy access with over 210' of direct frontage on high traffic US17 South. Directly across the highway from Dollar General & adjacent to several commercial, office, & mixed uses, this property has potential for many uses. Whether you are looking for a great location for RV/Boat storage, Self-Storage, mini-warehouses, flex-warehouses, manufacturing, retail, general offices, medical, or if you simply want to hold for investment, this is a great property at a fantastic price. Less than 5 miles from the intersection of SR16 & less than 2. 5 miles south of the new First Coast Expressway, the accessibility & logistics of this location are tremendous. There is a 1403 sf frame building on the property that has been used as a business office, UHAUL sales & such. It has a good roof & can be renovated but is given no value in this price. Condition of building is unknown & is sold AS-IS. Seller would consider leasing property but subject to sale or a possible lease purchase. There is NO current survey only the old one that shows discrepancy that County has acknowledged. There should be no zoning issues. Seller will not pay for new survey. Seller has not done a wetland delineation and will NOT do so. Buyer should verify wetlands, use, zoning, etc.
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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 | $454,240 | $454,240 | $454,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $170 | $170 | $170 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,984 | $2,984 | $3,803 |
Total Monthly Payment | $3,246 | $3,246 | $4,065 |
* 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.