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Commercial Vacant Land – 1. 8 Acres | Heavy Highway Commercial
Prime 1. 8-acre commercial development opportunity with PDP (HHC) Heavy Highway Commercial zoning, consistent with C-4 zoning, allowing for a wide range of commercial uses.
Strategically positioned just 0. 1 miles from U. S. Route 98 / Ponce De Leon Boulevard and approximately 4. 4 miles from Cortez Boulevard, this site offers excellent access and visibility in a growing commercial corridor.
Property highlights include:
* 1. 8 acres of vacant land
* PDP (HHC) Heavy Highway Commercial zoning (consistent with C-4)
* Strong accessibility to major transportation routes
* Average Daily Traffic Count: 11, 500 vehicles
* Light Manufacturing
* Ideal for automotive repair, truck and tractor sales/service/repair, construction Service Establishment, landscaping.
* Convenient location with strong regional connectivity
This is a great opportunity for investors, developers, or owner-users seeking a commercial site for uses too intense for typical C1/C2 sites but still in an area with Moderate to High DOT Traffic counts. (Refer to Hernando County zoning to verify all PDP (HHC) allowed uses and possible special exceptions. )
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,094 | $1,137 | $1,495 |
| Total Monthly Payment | $1,169 | $1,212 | $1,570 |
* 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.