This commercial vacant land is zone C-2 great LOCATION, LOCATION, LOCATION which is key for its use. In front of SR 50 (E. Colonial Drive) with heavy traffic of over 50,000 vehicles daily very close to highway 417 & 408 and downtown Orlando. Near the airport, and many restaurants, and stores. High traffic. A big Billboard already leased on this property, generates 9,859.92 yearly, with a month to month contract. Buyer to negotiate sign lease terms with C.C., Vacant land is ready to be developed.
Seller has dropped the price due to that this property would mostly need to make their own driveway, depending on the type of business. Buyer to confirm with the county, zoning, and permits.
7814 E Colonial DRIVE, Orlando, FL, 32807
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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