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Exceptional 22-acre commercial opportunity located in the heart of Gaffney’s most established retail corridor on W. Floyd Baker Blvd. This prime tract is ideally positioned between Walmart and Starbucks, offering outstanding visibility, high traffic counts, and immediate proximity to a strong mix of national retailers, restaurants, and thriving local businesses. As one of the last remaining large, undeveloped commercial parcels in this fully built-out area, the property presents a rare opportunity for investors and developers seeking a strategic location with proven consumer activity and infrastructure already in place. The site is well-suited for a wide range of uses including retail, hospitality, medical, or mixed-use development. For expanded potential, this property can also be purchased in conjunction with the adjacent 0 W Buford St (±11 acres), creating a combined ±33-acre assemblage ideal for a large-scale commercial project. Opportunities of this scale and location are increasingly limited within Gaffney’s primary commercial growth corridor. Owner may consider subdivision of the property, contact listing agent for additional details and terms.
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Our Executive Mortgage Banker:
$8,000,000
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 | $6,400,000 | $6,400,000 | $6,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $38,371 | $39,406 | $54,007 |
| Total Monthly Payment | $38,496 | $39,531 | $54,132 |
* 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.