|
Presented by
Dionne White |
This property represents a remarkable redevelopment opportunity, boasting high and dry terrain free from lowlands or flood zones—so you can proceed with confidence. With 414 feet of prime highway frontage, the site enjoys exceptional visibility, making it highly attractive for a variety of uses. While currently designated AR, future land use plans indicate an upgrade to R4, opening the door for seamless conversion to commercial or residential purposes.
The property’s direct access to County Road 672—a bustling two-lane thoroughfare with an average daily traffic count of 16, 400 vehicles—further amplifies its exposure. Additionally, the proximity to US 301 S. , a major six-lane divided highway accommodating approximately 41, 643 vehicles daily, ensures an unparalleled level of accessibility.
What truly sets this property apart is its unique combination of strategic location, outstanding visibility, and flexible redevelopment potential. These attributes not only enhance its immediate appeal but also create a strong foundation for a wide array of profitable ventures. For investors looking to maximize both short-term returns and long-term growth, this site stands out as an exceptional choice.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$680,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 646.944.6998
Dionne.White@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $544,000 | $544,000 | $544,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $72 | $72 | $72 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,218 | $3,305 | $4,409 |
| Total Monthly Payment | $3,382 | $3,469 | $4,573 |
* 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.