OWNER FINANCING AVAILABLE
Park 82 Drive is Ideally located near MLK and I75-One of the last nice parcels with Commercial Intensive/Light Industrial uses.
Prime development Opportunity with variety of approved uses. Ideal to build Flex or Specialty Units, 1 or 2 Warehouse/ Distribution buildings.
Land-94, 090 total sq ft
• Commercial, Industrial, Office, R&D, Flex & More-Contact Don Droke 239-770-3002 for list of approved uses.
• 495’ on Park 82 Drive
• Easy access to I75
• Electric, City Water-Sewer, Natural Gas at Site
• Improvements & Zoning valued at $5 sq ft
• Good exposure on Martin Luther King Blvd.
• Traffic Count Martin Luther King Blvd 42, 355 per day.
• Close to RSW Airport via I75.
• Moderate to Low-Risk Flood Zone.
• Population growth within a mile expected to be up over 15% in the next 5 years.
• Strong Industrial & Commercial growth in the area.
• Strong lease rates for these types of buildings as well as low vacancy rates make for an ideal investment opportunity.
• Martin Luther King Blvd is considered the Gateway to the City of Palms (Fort Myers and City of Fort Myers Downtown & Popular River District with Shopping, Dining & More)
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,149,000
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 | $919,200 | $919,200 | $919,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,271 | $6,038 | $8,198 |
Total Monthly Payment | $6,396 | $6,163 | $8,323 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.