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JUST REDUCED over 500K FOR A QUICK SALE! 18 Acres centrally located between Gainesville and Ocala with almost 900 ft of frontage directly on US Hwy 301. No flood zones, this sale includes parcel ID #03316-007-00 (12 acres) AND adjoining parcel ID#03316-005-00 (6 acres). This buildable vacant land offers both B-4 (Regional Business-High Intensity)) and A- 1 zoning. Marion County, FL; B-4 zoning intent is described for regional shopping centers, large service areas and major commercial complexes. Permitted use includes all B-1 and B-2 uses plus large-scale retail, wholesale, and service operations such as department stores, specialty shops, major financial/administrative complexes, large manufacturing, wholesale agriculture equipment, large parking facilities, and specialized service centers. Scaling is for High-Density Commercial; intended for parcels with significant buildable area and heavy traffic. Typical settings include large retail parks and major service hubs. Unlimited potential for this size acreage, Buyer responsible for confirming all zoning information. Also Available for Lease
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Our Executive Mortgage Banker:
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$1,200,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,679 | $5,833 | $8,101 |
| Total Monthly Payment | $5,804 | $5,958 | $8,226 |
* 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.