This 35 acre parcel has so much potential. It is located at the intersection of I-10 and SR 121 in Macclenny. The current zoning is IW which covers so many possibilities. And this area is surrounded by motels, restaurants, grocery stores, banks, retail stores, and more. Wal-Mart super store is at the east exit just 1 mile away. Property has already been sold to the state to turn this intersection into a diamond interchange and is on a 5 year plan. The property has SR 121 frontage access as well as more than 1900 feet of Interstate 10 frontage. This offers GREAT visibility and access from SR 121 as well as Interstate 10! The county has new jobs coming as well as a new 300-400 home development that has been approved less than five miles from this property. Baker County is expected to be the next area to see major changes in development and growth. It is located between Columbia County (to the west) Duval County (to the east) and the Georgia State line is simply a few miles to the north. And Baker County is less than one hour from Gainesville, Alachua County and the Jacksonville beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,625,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,100,000 | $2,100,000 | $2,100,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,447 | $13,447 | $18,438 |
Total Monthly Payment | $13,572 | $13,572 | $18,563 |
* 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.