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Prime Commercial/Residential Mixed-Use Development Site encompassing 135. 66± acres with adjacent existing high-value industrial and retail along 1, 500+ feet of CR 17A W frontage and 2, 400 feet of frontage on N Gaster Road, near gated lakefront communities including Grand Oaks and low- and high-density residential communities, just minutes from US 27 high-traffic retail and close to major industrial employers like Nucor (the area's highest-paying employer). Buy this one-of-a-kind site today with upside potential to expand the current industrial zoning and allow the seller to recoup up to all of your initial investment while residential demand increases from the new jobs created by expanding industrial uses—taking your potential profit with extremely low carrying costs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,056,234
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 | $3,244,987 | $3,244,987 | $3,244,987 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.110% | 6.097% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,195 | $19,455 | $27,164 |
| Total Monthly Payment | $19,320 | $19,580 | $27,289 |
* 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.