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We are pleased to present this 7. 88 Aces Industrial site FOR SALE!
The current owner/business is generating $20, 000-$30, 000/month, has approximately 60 vehicles parking on his property and they pay by Zelle or Cash app - There are operational cameras on the property for security, the owner has been told it should be easy to convert the agricultural zoning portion in the back to the same zoning C3 if you go through the process, potential to clear all the trees in the front as long as you put up a wall and got proper permitting. Current ownership has a general liability policy at $2 million and cost approx. $1500/year.
There is approximately 2. 5 to 3 acres of concrete on the ground from the previous tarmac cement factory. The owner exclusively leases 10 parking spaces to the truck parking club and they pay $20 daily or $380 a month and then they up-charge it to $25/day through their membership. You can fill in the pond, but it would require mitigation payment to fill in the pond, even though it is man-made from Tarmax years ago.
The owner has a clean report from biotech that was done just a few years ago
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,800,000
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 | $3,040,000 | $3,040,000 | $3,040,000 |
| 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 | $2,136 | $2,136 | $2,136 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,261 | $18,226 | $25,244 |
| Total Monthly Payment | $19,522 | $20,487 | $27,505 |
* 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.