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*MOTIVATED SELLER*
Rare vacant land opportunity recently rezoned AC-10, offering highly flexible mixed-use potential including commercial, office , retail and industrial uses. This property is a hard corner located in a rapidly growing area just minutes from the heart of North Port and close to the proposed future I-75 exit and 0. 3 miles from I75 and features 505 feet of frontage on S Yorkshire and 387 feet of frontage on E price. Hard-to-find zoning with public water, available electric and strong investment upside.
*INVESTMENT HIGHLIGHTS*
Prime Mixed-Use Zoning: Two adjacent vacant parcels zoned Mixed Use, offering flexibility for retail, commercial, office, or residential development.
Combined Acreage Opportunity: Parcels total 10. 83± acres (5. 84 acres + 4. 99 acres) and may be sold together to accommodate larger-scale projects.
Public Utilities Available: Public water accessible and electric is available, reducing infrastructure costs and accelerating development timelines.
Hard Corner : Hard corner lots: Anticipated roadway improvements on N. Yorkshire, E. Price, and future I-75 interchange will dramatically increase traffic counts and demand at these corner properties
Growth-Driven Location: Situated in a planned development corridor with a future I75 interchange slated to drive increased traffic counts and demand.
Exceptional Visibility: Highly visible site with with great frontage, ideal for commercial flex space, and high traffic retail and commercial uses.
Franchise-Ready Site: Well-suited for national or regional franchises seeking scale, exposure, and long-term growth.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,597 | $3,743 | $4,942 |
| Total Monthly Payment | $3,689 | $3,835 | $5,034 |
* 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.