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One or more photo(s) has been virtually staged. Discover a strategic industrial/commercial opportunity at 1049 E Myers Blvd in the City of Mascotte, Florida (Lake County) — a high-visibility parcel of approximately 0. 83 acres with a 2, 800 sq ft improvement, ideally suited for manufacturing, distribution, flex-use or automotive service operations. Positioned directly on State Road 50 (E Myers Blvd), the asset enjoys exceptional highway frontage and drive-by exposure, with convenient ingress/egress for trucks and commercial vehicles. This major east-west corridor links to the broader Orlando/Kissimmee/Sanford logistics market, and provides excellent connectivity for regional distribution. The surrounding area is experiencing strong demographic and economic growth: by projection, the population of Mascotte is expected to rise significantly in the coming years and Lake County continues to register among the fastest-growing in the region. South Lake and the SR 50 corridor — including Mascotte — are identified as major growth zones for both residential and non-residential development. As such, the area is attracting logistics, manufacturing and distribution use, thanks in part to the strategic transportation network. Lake County markets promote the region’s connectivity via interstate and major highway access, as well as close proximity to international airports and seaports. The property offers immediate frontage on a heavily trafficked state highway for enhanced visibility; access to the expanding Orlando-Metro industrial/logistics market via Lake County’s growth belt; and a well-sized industrial parcel in a low-density environment with flexibility for many uses; the building provides immediate usable space with potential for expansion or redevelopment. This is a turnkey commercial/industrial asset with location, visibility and growth upside — an ideal acquisition for a business, owner-user or long-term investor looking to capitalize on Central Florida’s ongoing expansion. Call today to schedule a private showing.
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.397% | 6.304% | 5.628% |
| Monthly Tax Payment | $618 | $618 | $618 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,684 | $3,889 | $5,187 |
| Total Monthly Payment | $4,394 | $4,599 | $5,897 |
* 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.