*Entire Lot is NOT for Sale. Owner is willing to sudivide a maximum of 5 acres*
It is strategically located for maximum visibility and accessibility. with easy access to major roads like West Colonial (50) and Silver Star Rd. Whether you're a savvy investor or a forward-thinking developer, this property offers a wealth of opportunities to suit your vision. Owner is also open to JV to develop the land. Key Features: Size & Flexibility: With the ability to subdivide the lot, this property provides ample space for a variety of uses, allowing you to tailor the size and layout to your specific needs. Versatile Zoning: The lot is approved for multiple uses, including commercial retail, professional office buildings, or even storage space. This flexibility means you can pursue diverse development options or even a combination of uses. Strategic Location: Positioned in a desirable area with high visibility and accessibility, this property is ideal for attracting customers, clients, or tenants. Its strategic location offers excellent potential for growth and profitability. Investment Potential: With its potential for subdivision and a range of permissible uses, this lot is a rare find for investors looking to maximize returns or developers seeking a prime piece of real estate. Opportunity Awaits: Whether you're envisioning a bustling retail center, a sleek office complex, or a state-of-the-art storage facility, this property provides the foundation for a successful venture. Seize this unique opportunity to shape the future of this dynamic space. Contact us today to explore how this this lot can be the key to your next great development project.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,100,000
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 | $1,680,000 | $1,680,000 | $1,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,208 | $10,208 | $14,177 |
Total Monthly Payment | $10,333 | $10,333 | $14,302 |
* 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.