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Outstanding Opportunity is knocking! Multiple approved future land uses for Re Development! Location, Location, Location! Approximately 350' of DIRECT State Rd 46 frontage, HIGH Visibility, easy access, circular drive around warehouse, high traffic count (2022 est 13, 429. . and 2024 it was 24, 000 and it keeps going up!). . This is a 10. 94MOL acre parcel of land, inclusive of a 7500 square foot warehouse/shop building, (currently being used as a mechanic shop) Inclusive of 3 offices, 2 bathrooms, 1 shower, Large Storage area & elevated storage deck, then OPEN Warehouse with a total of six bay roll up doors ( 3 on each side) for easy access and/or drive thru access. The warehouse & parking are on approximately 1-2 acres therefore leaving 8-9 acres MOL, that remain undeveloped. Commercial, light manufacturing zoning, check out the Lake County zoning site to see the list of approved uses, development and possibilities for future uses. This property is located less than 1 mile from 453/429, the Orlando Beltway. . and to the West, less than 2 miles to US 441! . Visit the Mount Dora City economic development site ( Wolf Branch Innovation District) to see what is coming! Specifically Check in to the
the joint planning area of City of Mount Dora and Lake County planned to become Lake County FLU - Regional Office & City of Mount Dora FLU Employment Center part of the Wolf Branch Innovation District Implementation Plan. This area is booming and will continue to do so with all of the New Communities, commerce and highway connectivity. The time is now to get your foot in the door. . . as the window of opportunity will be closing soon. . . Be a part of the State Road 46 corridor transformation. All information and measurements are deemed to be accurate, however, can not be guaranteed. Contact the Lake County zoning department with your specific questions. Take a closer look, you will be glad you didi! Some Examples of what Light Manufacturing Zoning Allows:
*Self Service Storage, Truckyard, Vehicular Sales, Wholesale/Warehouse, Industrial, Light, Bar or Tavern, Automotive Repair, Consumer Services & Repair, Electronic Game Room Facility, Recycling Center, Trucking Facilities, Cultural Institution, Primary or Secondary School, Public Safety Service, Utilities, limited, Utilities, Major, Parks & Recreation, Single Family Dwelling, General Agriculture, Kennels, Medical Services, Personal Care Services, Professional Offices, Recreation Commercial, Research Service, Restaurant, Fast Food & General, Retail Convenience
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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 | $3,080,000 | $3,080,000 | $3,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.121% | 5.979% |
| Monthly Tax Payment | $647 | $647 | $647 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,488 | $18,466 | $25,577 |
| Total Monthly Payment | $18,260 | $19,238 | $26,349 |
* 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.