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    Hotel Olympus Vlg Four Corners, FL 34714

    For Sale
    Contact for pricing

    3-Acre Site, 165-Key Hotel Approved

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3-acre commercial land parcel presents a unique opportunity for hotel development in Clermont, Florida. Located within the Olympus Village Hotel development and the Wellness Way corridor, this site boasts pre-approved Planned Unit Development (PUD) entitlements for a 165-key branded hotel. This eliminates the need for further approvals from the City of Clermont, streamlining the development process and significantly reducing timelines. The property is situated within the Olympus Sports development, capitalizing on Clermont's burgeoning sports tourism industry. Clermont's attractive natural environment, featuring parks, lakes, and trails, is a major draw for outdoor enthusiasts, contributing to a growing demand for visitor accommodations. Lake County's limited hotel inventory creates a strong market for this project, ensuring high occupancy rates. The location offers easy access to Orlando's renowned theme parks and tourist attractions, while maintaining a more tranquil and relaxed atmosphere. This prime location, combined with the existing approvals, makes this a truly exceptional investment opportunity for a high-return hotel development. The site's zoning is classified as "C" commercial. The address is Olympus Village Hotel, Clermont, FL 34714.

    Property Features for Hotel Olympus Vlg

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre commercial land parcel in Clermont, FL, ideal for hotel development.
    • Pre‑approved Planned Unit Development (PUD) entitlements for a 165‑key branded hotel.
    • Located within the Olympus Village Hotel development and Wellness Way corridor, near Olympus Sports development.
    • C Commercial zoning. Address: Olympus Village Hotel, Clermont, FL 34714.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Four Corners
    County
    Polk
    State
    Florida
    Longitude
    -81.7568253
    Latitude
    28.4001568

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    FAQs

    What type of property is this?
    Land - 3-Acre Site, 165-Key Hotel Approved
    Where is this land located?
    The property is located at Hotel Olympus Vlg Four Corners, FL.
    What are key features of this property?
    This property features: 3-acre commercial land parcel in Clermont, FL, ideal for hotel development.; Pre-approved Planned Unit Development (PUD) entitlements for a 165-key branded hotel.; Located within the Olympus Village Hotel development and Wellness Way corridor, near Olympus Sports development.
    Request Owner's contact information
    Hotel Olympus Vlg Four Corners, FL 34714
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    Four Corners, FL 34714
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hotel Olympus Vlg Four Corners, FL 34714
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