Legacy Plus Realty presents a distinguished investment opportunity: the acquisition of a 100% fee simple interest in a prime commercial real estate parcel, currently configured as a gas station. This asset, located at 3511 Emerson Street, Jacksonville, FL 32207, offers strategic commercial flexibility in a highly sought-after area.
Property Highlights:
Address: 3511 Emerson St, Jacksonville, FL 32207
Structure: Vacant gas station
Square Footage: 2, 291 SQFT
Zoning: CCG-1, suitable for various commercial enterprises
Location: Adjacent to Exit 347 off Interstate-95, ensuring high visibility and traffic
Investment Potential:
The property invites a spectrum of development possibilities, optimally positioned to continue as a gas station with a convenience store component. Alternatively, its broad CCG-1 zoning classification allows for transformative prospects such as a fast-food restaurant, tire service center, specialty retail shop, automotive dealership, full-service car wash, or an array of other commercial ventures.
The site benefits from being part of a bustling economic hub, surrounded by a synergistic mix of prominent businesses such as McDonald's, Wendy's, a local book store, Wawa, Dollar Tree, Wells Fargo, Dunkin', Baptist Health, and a Chevrolet dealership, which collectively foster a dynamic consumer environment.
This offering is tailored for discerning investors aiming to capitalize on the intrinsic value of a well-located commercial asset with extensive redevelopment versatility. Given its vacant status and the absence of restrictive fuel supply agreements, this presents a canvas for visionary investors to sculpt a profitable enterprise in alignment with the dense retail and service corridor it resides within.
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Our Executive Mortgage Banker:
Our Insurance Division:
$990,000
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 | $792,000 | $792,000 | $792,000 |
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 | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $604 | $604 | $604 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,137 | $5,071 | $7,008 |
Total Monthly Payment | $5,833 | $5,767 | $7,704 |
* 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.