JOHN SADRI & COMPANY team is proud to represent this unique 1 acre commercial lot located in North Metro Orlando. This high & dry lot is zoned RI-1 and is ideally suited for many usages (see attached document) including, a flex space, warehouse, other usages including veterinarian clinic and kennel. Phase I and survey are less than one year old. Conceptual plan for a 4-unit flex space, totaling 8, 100 SF is attached (not approved yet). This lot, directly on Upsala Rd, in Sanford (Seminole County), is in a strategic location near I-4, HWY 417 (the beltway), HWY 46 and USHWY 17-92. With the increasing demand for industrial spaces driven by e-commerce, logistics, and manufacturing industries, this property presents a promising investment opportunity. The proximity to transportation infrastructure enhances its appeal for businesses in general. The growing population and economic development in Sanford and Seminole County contribute to a favorable market outlook for industrial properties, making this property a valuable asset with potential for appreciation. Public water and sewer are at the property. A brand new upscale apartment complex has been built across the street.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
Total Monthly Payment | $4,084 | $4,080 | $5,152 |
* 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.