Under Construction. Rare find. Brand new free standing open shell 15, 200 sq ft warehouse currently under construction with completion date set for December of 2024 located on a 2 acre plus corner lot with over 300 feet of main highway road frontage. Property is zoned C2 Commercial allowing many different uses. Other features include 24' clear ceiling height in building, 600-amp electrical service, wet sprinkler system, multiple 14'x14' roll up doors, 28 parking spaces & 16, 000 sq ft of outside storage. Property is connected to county water & has a private septic system. Located on the northeast corner of Clinton Avenue & Circle B Road with plenty of highway frontage exposure with easy access to I -75 & Hwy 301. The open shell including floor slab & 2 Bathrooms will make it easy for any kind of buildout. Seller will also consider leasing the property. Allowed C2 commercial uses, site & building plans are attached for review. Please do not go direct, property is still under construction.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
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 | $2,800,000 | $2,800,000 | $2,800,000 |
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 | $195 | $195 | $195 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,161 | $17,240 | $24,777 |
Total Monthly Payment | $18,481 | $17,560 | $25,097 |
* 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.