Highway-Fronted Storefront
For Sale
$695,000
1035 W HIGHWAY 50, Clermont, FL 34711
C-2-zoned commercial space with frontage along Clermont’s Highway 50 corridor.
Property Size2,840 SF
Price / SF$244.72
Days on Market48
Property Features for 1035 W HIGHWAY 50
General Information
Standard status
Active
Size
2,840 SF
Property subtype
Commercial
Zoning
C-2
Taxes and HOA fees
Annual Taxes
$4,362
Building Details
Building Size
2,840 SF
Year Built
1959
Units
1
Listing Agency:
HAVEN PROPERTY GROUP LLC
Listed By:
Jerry Agan · License #3336948
(678) 873-4463
Source:
Elliman
Added: Aug 20
Changed: Oct 1
Last Checked: Oct 5 at 7:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HAVEN PROPERTY GROUP LLC
Investment Insights
Based on property information with market context.
This storefront property at 1035 W Highway 50 in Clermont contains approximately 2,840 square feet and dates to 1959. C-2 zoning supports retail, professional, and other commercial applications, providing flexibility for an owner-user or business operation.
The property fronts Highway 50 within Clermont’s commercial corridor and is positioned in a highly visible setting described as carrying substantial daily traffic. Walk Score is 72, rated Very Walkable, while Bike Score is 45, rated Somewhat Bikeable. The site offers a street-facing commercial presence along a major local route.
The property fronts Highway 50 within Clermont’s commercial corridor and is positioned in a highly visible setting described as carrying substantial daily traffic. Walk Score is 72, rated Very Walkable, while Bike Score is 45, rated Somewhat Bikeable. The site offers a street-facing commercial presence along a major local route.
Key Highlights
- Approximately 2,840 square feet of commercial space
- C‑2 zoning for retail, professional, and commercial uses
- Frontage along Highway 50 in Clermont
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,601
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,020
$672.0K
Cap Rate 7%
$480,014
$480.0K
Cap Rate 9%
$373,344
$373.3K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$51.1K $18.00/SF
− Vacancy
−$3.1K −$1.10/SF
EGI
$48.0K $16.90/SF
− OpEx
−$14.4K −$5.07/SF
NOI
$33.6K $11.83/SF
Area
Lake County, FL
Vacancy
6.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,020
Cap Rate 7%
$480,014
Cap Rate 9%
$373,344
Alternative Uses
Best Use
Retail
$480.0K
$420.0K – $560.0K
NOI $33,601 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$808.2K
$707.2K – $942.9K
NOI $56,573 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
23k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Home Improvements & Furnishings 33%
Shell
Shops & Services
11,856 visits/mo
0.2 miles
Hilltop Ace Hardware
Home Improvements & Furnishings
7,646 visits/mo
0.2 miles
Citgo
Shops & Services
3,435 visits/mo
0.1 miles
Demographics for 34711, FL
67,980
Population
28,127
Households
2.4
Avg Household Size
45
Median Age
36%
College-Educated
95%
High-School Grad
39.2 sq mi
ZIP Area
1,734
Density / Sq Mi
$88,474
Median Household Income
$46,456
Median Earnings
$1,817
Median Rent
$369,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Katherines Florist — 677 State Rte 50, Clermont, FL 34711
- Lulus Craft Creation — 639 8th St Ste 3, Clermont, FL 34711
Frequently Asked Questions
What type of property is this?
Storefront property - C-2-zoned commercial space with frontage along Clermont’s Highway 50 corridor.
Where is this storefront property located?
The property is located at 1035 W HIGHWAY 50 Clermont, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Approximately 2,840 square feet of commercial space; C‑2 zoning for retail, professional, and commercial uses; Frontage along Highway 50 in Clermont
