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Under contract-accepting backup offers. This 5 acre plot was recently rezoned from residential/religious use to BPC-2 zoning. This plot is appropriate for investment, development, or 1031 exchange. The purpose of the BPC-2 (business park center-2) district is to provide areas for light-industrial activities. The BPC-2 district permits light manufacturing, fabrication, assembly, distribution and wholesaling activities, and some retail uses to support the businesses and activities within the Business Park Center. Other potential uses may include: farm worker dormitory (barrack style), planned development, transitional area development, off-site agricultural support, airport, intensive animal farm, wild or exotic animal breed, boarding or rehabilitation; commercial vehicle parking, communication towers, community centers, isolated convenience stores, cultural facility, general farming, financial institution (including drive-through), gas station, golf course, government facility, heavy machinery sales and service, heliports, helistops, hotels and motels, kennels and breeders, lime stabilization facility, livestock auction and sale, light manufacturing, non-phosphate mining, motor freight terminal, retail nurseries and greenhouses, offices, office parks, non-certified low and high power plants, printing and publishing, passive recreation, religious institution, research and development, retail, restaurants, schools, universities, self-storage facility, production studio, solar electric power generation facility, transit, utilities, vehicle recovery, vehicle auto body and repair, veterinary service, warehousing/distribution, and waterski school. Come take a look at this versatile commercial land investment. Land is raw, water is connected. Picture represents land when it was mowed. Seller requests no seller finance, subject to (subto), wholesale, or assignable offers. Statements and measurements are believed accurate by Seller/Agent, however they cannot be guaranteed. Buyer and Buyer's agent must confirm all statements and measurements for themselves. Adjoining land at 4610 E County Rd 524 is also available for sale. Plots can be combined.
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Our Executive Mortgage Banker:
Our Insurance Division:
$510,000
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 |
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|---|---|---|---|
| Loan Amount | $408,000 | $408,000 | $408,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.168% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,285 | $2,444 | $3,280 |
| Total Monthly Payment | $2,377 | $2,536 | $3,372 |
* 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.