Rare opportunity to own and develop 13. 2 (11. 44 + 1. 76) acres on two parcels being sold as one, right in the heart of Pasco County. Larger lot is zoned C3, suitable for diverse commercial projects, while the smaller lot is zone AC with future land use of IL (industrial light). Fully fenced and conveniently located right off US Highway State Road 41. This expansive cleared, and maintained land is ready to build. Rear portion (. 59 Acres) of the lot has a cell tower lease agreement, bringing in revenue of $3000+/monthly with 5% increase every renewal.
Strategically located approximately 35 minutes from Tampa International Airport and a mere 25 minutes from Gulf waters. High visibility sites with daily AADT traffic of 22000+. No HOA and has access to public roads. Seller to retain mineral rights. Seize the opportunity of an up-and-coming business development zone, with projects underway to enhance State Roads 41 & 52. Do not miss out on this unique opportunity! Buyer to confirm all information provided and conduct their own due diligence. DO NOT DISTURB OR CONTACT OWNER.
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Our Executive Mortgage Banker:
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$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,684 | $10,536 |
Total Monthly Payment | $7,809 | $7,809 | $10,661 |
* 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.