Prime B-5 Commercial Property with Frontage on SW 38th St! Located on busy and SW 38th St, with excellent visibility and an anticipated plan to widen the road to 5 lanes, this superbly located commercial property offers 14, 032 square feet of versatile space across two buildings. The property features a 10, 000 SF warehouse and a 4, 032 SF office building. The warehouse boasts 4 dock doors and one ramp, supported by (2) 200 Amp 3-phase panels with 120/208 power for robust electrical capacity. City water is connected to the premises, and there is a newer septic system (not connected to city sewer). The office building is designed for functionality with an excellent layout - featuring a reception/lobby area, kitchen, 7-8 offices, 5 restrooms, and a camera system throughout. The building is equipped with three new HVAC units, and the roof is only 3 years old, ensuring a comfortable and efficient working environment. A very small portion of the west side of the property is in an AE flood zone, but the majority is classified as X flood zone. Situated off Highway 200, the property offers excellent access to I-75, major Ocala roads, and a wealth of nearby food, services, shopping, and amenities. With B-5 zoning, this property supports a multitude of business uses, making it an excellent fit for various enterprises. Don’t miss this opportunity to establish your business in a prime location with extensive facilities and great connectivity to all that the Hwy 200 corridor of Ocala has to offer!
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Our Executive Mortgage Banker:
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$2,399,000
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 | $1,919,200 | $1,919,200 | $1,919,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $1,062 | $1,062 | $1,062 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,289 | $12,448 | $16,718 |
Total Monthly Payment | $13,476 | $13,635 | $17,905 |
* 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.