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Fully Annexed and would be compatible with community commercial with the City of Apopka. This 3. 5 ± acre site offers an excellent opportunity to develop retail or commercial projects at a high-traffic location in Apopka. The size of the site provides a large range of project options from retail strip center or a mixed-use center. Many other traffic generators are nearby - Publix, McDonald's, Subway, Walgreens, etc. Both Rock Springs Rd and Lester Rd offer easy access to the Wekiva Parkway (SR 429).
PROPERTY HIGHLIGHTS
Commercial/Retail Opportunity, Traffic Counts: Over 17, 000/day on Rock Springs Rd, The east side of Rock Springs Rd is Rock Springs Rd conservation area so retail competition is limited. Road Frontage: 218 ft on 4-lane, divided SR-435/Rock Springs Rd 2 miles from FL-429
Water and Sewer from the City of Apopka along with Rock Springs Rd.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$885,000
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 | $708,000 | $708,000 | $708,000 |
| 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 | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,245 | $4,359 | $5,975 |
| Total Monthly Payment | $4,337 | $4,451 | $6,067 |
* 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.