Highly desirable 16 +/- Acres with frontage on Jones Loop Road, with the rear to Glasgow Ave. The property is zoned Highway Commercial within the City limits of Punta Gorda which allows for multiple uses. The site is just West of the Jones Loop/I-75 Interchange Exit, near Walmart Super Center, Aldi Supermarket, Home Depot, as well as a new retail mall, Punta Gorda Station, which is currently under construction and includes confirmed leases for Panera Bread, Chick-fil-A, Chipotle, Aspen Dental, Mattress Warehouse and America's Best. Within the area there will also be upwards of 665 residential homes nearby after D.R. Horton completes their two developments that are currently under construction.
26072 GLASGOW AVENUE, Punta Gorda, FL, 33950
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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