4.23 commercial acres along Hwy 475A near the very busy I-75/Hwy 484 interchange in Ocala, Florida, #1 US Metro for population growth 2023-2025. The property's commercial land use (Employment Center) provides for many different potential uses including industrial small bay/flex space, retail, hospitality and office/medical. The surrounding retail/hospitality environment is well-established with brands including Cracker Barrel, Wawa, Tractor Supply, Zaxbys, Sonny's, Burger King, McDonalds, Popeyes, Waffle House, Dunkin' Donuts, RaceTrac, Pilot, Shell, Exxon, Hampton Inn and Microtel operating in close proximity. The current zoning is PUD with approvals for 64 multifamily units.
13350 SW 16TH AVENUE, Ocala, FL, 34473
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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