Current Industrial zoning already in place. COUNTY DESIGNATED ECONOMIC ACTIVITY CENTER. If potential had a physical location this would be it. Heavy industrial zoning across the street. Commercial zoning as adjacent use. Future land use could be converted to industrial or commercial for the right project and end user. Almost 27 acres with 450 feet of frontage on SR 471. Possible small access to HWY 50 after DOT expansion. 3 parcels being sold together. There are currently 2 single family homes and a single-wide manufactured home on site. There is currently no water and sewer service on-site. Currently only well and septic. High traffic area with future growth in all directions. Average daily traffic count in this area can exceed 14, 000 vehicles per day. Please do not go on-site without an appointment. The property is owner occupied. Proof of funds required for offer submission. Sumter County is a pro-business county with an emphasis on manufacturing, distribution and agribusiness as targeted industries. Commute to Ocala, Tampa, Orlando or Lakeland in approximately 1 hour. Information deemed reliable but not guaranteed. Buyer or Buyers agent to verify dimensions and zoning information. Site visits are available by appointment only 7 days a week with 24 hours notice. For more information, call today.
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Our Executive Mortgage Banker:
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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 | $4,760,000 | $4,760,000 | $4,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,873 | $29,308 | $42,122 |
Total Monthly Payment | $30,998 | $29,433 | $42,247 |
* 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.