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Versatile Mixed-Use Opportunity on 3. 8 Acres – Prime Location with Development Potential
Unlock the potential of this unique 3. 8-acre property offering a rare blend of existing improvements and future development upside. The property features multiple structures and current occupancy configurations, along with utility connections and open-use areas that may support a variety of potential uses.
The acreage is divided between approximately 2. 2 acres of General Commercial (GNC) zoning and 1. 6 acres of Low-Density Residential (LDR), providing flexibility for a range of possibilities. Whether you're envisioning a boutique pocket community, mixed-use redevelopment, private estate, or investment project, this property offers a compelling canvas.
Ideally positioned on a well-traveled county thoroughfare with convenient access to nearby shopping, dining, and daily essentials, the location balances visibility with a peaceful, country-style setting. Natural water features meander through the property, enhancing its character and appeal. Existing infrastructure includes sewer connected to the main building.
Buyer to verify all measurements, zoning, permitted uses, improvements, and utility/septic systems. Property sold as-is.
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,900
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 | $359,920 | $359,920 | $359,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $268 | $268 | $268 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,129 | $2,216 | $2,917 |
| Total Monthly Payment | $2,472 | $2,559 | $3,260 |
* 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.