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EXECUTIVE SUMMARY 4341 Hwy 24 in Anderson, SC is a 1. 14-acre parcel with a 5, 000 sq ft industrial building, featuring 3-phase electrical power and an above-ground oil tank. Located in a growing area near Hartwell Lake and Anderson Airport, it offers potential for expansion and is in a prime location that is seeing increased development, with a new Circle K being built nearby. This property is also located in an unincorporated area of Anderson County and is zoned C-2, or Highway Commercial District. This zoning designation is suitable for commercial development along a major road. Permitted uses in C-2 zoning The C-2 zoning district allows for a variety of commercial uses. • Existing use: The current use as an auto repair shop is consistent with this zoning. • Commercial uses: The Highway Commercial designation permits a broad range of other business activities, aligning with the commercial growth observed along Hwy 24. Location and Development • Proximity: The property is close to Hartwell Lake and the Anderson Airport. • Growing Area: The area around Highway 24 is experiencing significant growth and development. • Commercial Nearby: A new Circle K convenience store is being built nearby, indicating increased commercial activity. • Future Potential: The property is seen as having potential for further building and development, with the potential to become a "new Clemson Blvd. "
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Our Executive Mortgage Banker:
$825,000
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 | $660,000 | $660,000 | $660,000 |
| 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% | 6.110% | 5.972% |
| Monthly Tax Payment | $68 | $68 | $68 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,747 | $3,957 | $5,481 |
| Total Monthly Payment | $3,907 | $4,117 | $5,641 |
* 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.