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Strategic commercial opportunity located directly at Exit 60 off I-26 in Laurens County, SC. Approx. 2. 5 +/- acre corner parcel positioned at the intersection of Hwy 66 and the frontage road with strong visibility from I-26 westbound heading toward Greenville. The frontage road runs alongside the full length of the property, offering excellent accessibility and exposure for future commercial development. Located immediately off the interstate exit with easy ingress/egress and positioned in a growing commercial corridor. Recent development activity in the immediate area includes: ACE Energy acquisition directly diagonal from the subject property, QT and Starbucks development at Exit 54, New industrial/commercial development underway near Exit 56. Ideal potential uses may include: Convenience store / fuel station, Quick service restaurant (QSR), Service retail, Automotive/service business, General commercial development. Approx. 2. 5 +/- acres. Property will require perc testing. Seller states water and sewer may be available nearby; buyer to verify all utilities, zoning, access, and development feasibility during due diligence. This property is being marketed as a commercial development opportunity in an active and growing interstate corridor with strong long-term upside potential.
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Our Executive Mortgage Banker:
$550,000
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 | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,709 | $2,817 | $3,683 |
| Total Monthly Payment | $2,801 | $2,909 | $3,775 |
* 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.