Clermont Medical Office Building

1135 LAKE AVENUE, Clermont, FL 34711

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For Sale

$1,750,000

Two-story medical office building in Clermont with turnkey space.

Type:Commercial/Industrial

Property size:

9,035 SF

Lot size:

0.96 Acres

Price / SF:

$193/SF

HighLights

Prime commercial building in the heart of Clermont city limits.
Highly visible corner lot location.
Turnkey 9,000+ sq ft space ideal for medical or traditional office use.
C‑1 zoning.
Approx. 48 open parking spaces plus 5 covered spaces.
Frontage on State Rd 50; short drive to hospitals, Highway 27, Florida Turnpike, and State Road 429.

We can help!

Listing Contact

Ellen Tidwell

For Sale

$1,750,000

Two-story medical office building in Clermont with turnkey space.

Type:Commercial/Industrial

Property size:

9,035 SF

Lot size:

0.96 Acres

Price / SF:

$193/SF

Added:: Feb 10, 2025
Days on Market:: 487
Last Refresh:: May 20 at 12:17 am

Property Features for 1135 LAKE AVENUE

General Information

Standard status: Active
Size: 9,035 SF
Lot size: 0.96 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1960

We can help!

Listing Contact

Ellen Tidwell

Listing agent Ellen Tidwell License #552780

Listing office WATSON REALTY CORP., REALTORS

Listing date Feb 10, 2025

Source Exitrealty

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 WATSON REALTY CORP., REALTORS

HighLights

Prime commercial building in the heart of Clermont city limits.
Highly visible corner lot location.
Turnkey 9,000+ sq ft space ideal for medical or traditional office use.
C‑1 zoning.
Approx. 48 open parking spaces plus 5 covered spaces.
Frontage on State Rd 50; short drive to hospitals, Highway 27, Florida Turnpike, and State Road 429.

Overview

This two-story medical office building, located within Clermont city limits, offers over 9,000 square feet of turnkey space suitable for medical practices or traditional office use. The property is situated on a corner lot with high visibility. The first floor features a lobby and reception area, a nurse workstation, an insurance office, a procedure room, private exam rooms, private offices, and three restrooms. The second floor includes a conference room, a private office, a storage room, a staff kitchenette, and a restroom. Approximately 48 open parking spaces are available, along with 5 spaces under a covered carport. The property has C-1 zoning and public utilities. It has frontage on State Road 50 and is a short drive to Orlando Health South Lake Hospital, Advent Health Clermont Emergency Room, Highway 27, Florida Turnpike, and State Road 429.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$216.8k	$24.00
− Vacancy	−$36.9k	−$4.08
EGI	$180.0k	$19.92
− OpEx	−$45.0k	−$4.98
NOI	$135.0k	$14.94

9,035 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.93M

$1.69M – $2.25M (±1% cap)

NOI $134,983 @ 7.0% cap · market cap 7.71%

Second Best

Healthcare Medical

$1.84M

$1.61M – $2.15M (±1% cap)

NOI $128,803 @ 7.0% cap · market cap 7.36%

Theoretical Best

Office A

$2.57M

$2.25M – $3.00M (±1% cap)

NOI $179,977 @ 7.0% cap · market cap 10.28%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Clermont Medical Center, ... Medical Clinic Sherri Sanford Pediatrician William Gottschalk Pediatrician Mr. Ivan Negron Medical Clinic Kelley Winfrey Pediatrician

Suggested Use

Similar Places Nearby

South Lake Animal Hospital — 1067 State Rte 50, Clermont, FL 34711
Joyner Anthea DVM — 1067 State Rte 50, Clermont, FL 34711

Location Insight

Map
Local Demand

City: Clermont
County: Lake
State: Florida
Longitude: -81.7647
Latitude: 28.5509

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For sale
Medical Office Space
FL
Clermont
34711
1135 LAKE AVENUE

What type of property is this?

Medical Office Space - Two-story medical office building in Clermont with turnkey space.

Where is this medical office space located?

The property is located at 1135 LAKE AVENUE Clermont, FL.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Prime commercial building in the heart of Clermont city limits.; Highly visible corner lot location.; Turnkey 9,000+ sq ft space ideal for medical or traditional office use.