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A rare opportunity to secure a large land tract with access via a signalized intersection at NW 52nd Ave just off of W Hwy 40! This 25. 00 +/- acres of high-visibility land is currently being rezoned to M-1 Industrial. Parcel could be split into as low as 12 acres (+/-) or can be sold as the estimated 25 acre larger tract. Strategically located in one of Marion County’s most active growth areas, this exceptional site offers outstanding development potential. With very close proximity to several large industrial developments like the Ocala Airport Commerce Park, the Ocala International Commerce Park, and Meadowbrook Industrial Park, the location is unmatched! With a premier location right in the main ‘’hub” of Ocala/Marion County’s most sought after location for large corporations seeking ease of transportation, available workforce, and economic growth, this parcel offers excellent opportunities for long term sustainability. Truck access to the property is easy configurable, and there are no deed restrictions to the property. Excellent proximity to the I-75 interchange at Hwy 40, as well as easy access to several other highly traveled roads through the booming Ocala area. The property features excellent access from W Hwy 40 (a major traffic artery), and is surrounded by extensive shopping, dining, and service amenities. There is a City of Ocala Sewer Force Main adjacent to the property on NW 52nd Avenue , a Gravity Main, Manholes, and Sewer in the center on NW 52nd Avenue with laterals to the property. Additionally, a City of Ocala 16” Water Line is across NW 52nd Avenue with laterals in place to the property and hydrants located along NW 52nd Avenue. The area boasts strong demographics, above-average rooftop counts, and close proximity to a large of amount of both new and existing construction projects. With its combination of size, accessibility, and market exposure, this parcel is ideally suited for a landmark project in a high-demand location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,625,000
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 | $3,700,000 | $3,700,000 | $3,700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.110% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,299 | $22,183 | $30,973 |
| Total Monthly Payment | $21,424 | $22,308 | $31,098 |
* 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.