OPPORTUNITY for DEVELOPERS, INVESTORS, FRANCHISEE or FIRST-TIME BUSINESS OWNERS looking to either “Buy and Hold” or START YOUR FIRST BUSINESS!
Just under one acre of wooded land SURROUNDED BY HIGH-VALUE PROPERTIES. This . 812 acre lot sits on the Highway 301 corridor that is near the intersection of E County Road 466 where not only is there A LOT OF TRAFFIC (for your future business), but there are other businesses bringing traffic to you. THE VILLAGES IS EXPANDING in all directions… North, East, East and South and is less than five minutes away. This is a great opportunity for your NEIGHBORHOOD COMMERCIAL businesses where you could be the FIRST FRANCHISEE of any number of amazing franchises in the area.
This lot includes TWO STRUCTURES that have ELECTRICAL AND PLUMBING CONNECTIONS. There is a SEPTIC TANK and WELL on the property that is not connected that would require some work if you planned to keep the structures and access the ELECTRICAL ON THE HIGHWAY 301 EASEMENT. It also includes land on both sides of Sumter County Road 105… it’s like having your own PRIVATE ACCESS ROAD.
Unlocking a myriad of DEVELOPMENT OPPORTUNITIES, this property, benefits from its STRATEGIC POSITIONING within a REGION EXPERIENCING SIGNIFICANT GROWTH. Oxford, an unincorporated community in Sumter County, has access to several major highways within 15 minutes including Interstate 75, Highway 301 and Highway 441. Just 5 minutes away from the new I-4 interchange at Exit 48.
LESS THAN 10 MINUTES AWAY FRO THE VILLAGES, the FASTEST GROWING METROPOLITAN AREA IN THE COUNTRY, , according to the U. S. Census Bureau. Where 21, 000 people moved between 2020 and 2023 alone. BEBR’s demographers also forecast The Villages will see another 36% POPULATION INCREASE in the next decade. Having 94, 000 residents in 2010, it grew to 65% over the next 12 years. If that pace continues, it will be home to 239, 250 people by 2034.
MINUTES AWAY ARE OTHER RETAILERS INCLUDING: Stake n Shake, Golden Corral, KFC, The Fresh Market, Olive Garden, Bonefish Grill, Subway, Culvers, Hobby Lobby, Bealls, Marshall’s, Home Goods and Sprouts Farmers Market among numerous others.
DIRECTLY ACROSS THE STREET, CURRENTLY UNDER CONSTRUCTION, is a 190-unit build-to-rent development by Blue Vista.
This property features 140 FT OF FRONTAGE on N. U. S. 301 with an 27, 000 AADT (Annual Average Daily Traffic) Count. THE LOCAL ECONOMY IS THRIVING with diverse sectors, including retail, healthcare, manufacturing and agriculture. COUNTY GOVERNMENT OFFERS INCENTIVES RESOURCES AND SUPPORT for business growth and development and there is ongoing infrastructure improvements and planned developments to position the county for continued growth and rising property values. Everything you need to to live, shop, work and play including schools, hospitals and essential services is just minutes away!
PLEASE SEE ATTACHED MEMORANDUM.
*****There are no other lots with this location at this price currently on the market… you don’t want to miss this opportunity!*****
PS We’ve included contact information for planning, zoning, property appraiser and utilities in Realtor Remarks to make it easier for you to explore this amazing opportunity!
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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 | $296,000 | $296,000 | $296,000 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,969 | $1,967 | $2,496 |
Total Monthly Payment | $2,044 | $2,042 | $2,571 |
* 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.