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Property Description
Zoned General Commercial approximately 5 miles from the Murfreesboro square, just outside of the city limits (so, no city taxes), and only 1 / 3 of a mile from John Bragg Highway (turn beside Dollar General), this location offers central access and excellent convenience. This property supports a wide range of potential uses, including retail stores, food and dining services, automotive, hospitality, offices, nonhazardous warehousing, and entertainment or amusement venues. The land is located in a 100-year flood plain with a building pad above base flood elevation. The property includes a three‑bedroom perc site. The buyer and buyer’s agent is to verify all pertinent information. There is an additional lot with the same zoning for sale adjacent to it with 1.32 acres, which can be found at MLS #3262088.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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