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    520 Sugarland Hwy Clewiston, FL 33440

    For Sale
    $4,000,000

    13,813 SF Vacant CVS, High Visibility

    Property size:
    13,813 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 13,813-square-foot freestanding retail building, formerly a CVS Pharmacy with a drive-thru, presents a remarkable investment or redevelopment opportunity in Clewiston, Florida. Situated on a prominent 1.81-acre corner lot at 520 W Sugarland Hwy, this property boasts high visibility on US Hwy 27, a major thoroughfare with a daily traffic volume of 21,500 vehicles. The expansive lot offers ample parking with 80 spaces. The building is currently vacant and zoned CL-C, providing flexibility for a variety of retail uses. Its strategic location offers proximity to key amenities, including a Walmart Supercenter and other major retail plazas, Clewiston Middle School, and the hospital district. The property features approximately 350 feet of frontage and benefits from a traffic signal at the intersection. This is a rare opportunity to acquire a substantial retail space in a thriving community with significant development potential. The asking price is $4,000,000. The property's parcel number is 3-34-43-01-010-0345-003.0. This property is available for sale or lease.

    Property Features for 520 Sugarland Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    13,813 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Buy Bitcoin Crypto Atm UPS Access Point ... Shipping And Mailing Service MoneyGram Money Transfer Service Susan Stevens Pharmacy Pedro Loreto Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clewiston
    County
    Hendry
    State
    Florida
    Longitude
    -80.9409111
    Latitude
    26.7535968

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    FAQs

    What type of property is this?
    Individual retail property - 13,813 SF Vacant CVS, High Visibility
    Where is this individual retail property located?
    The property is located at 520 Sugarland Hwy Clewiston, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    Request Owner's contact information
    520 Sugarland Hwy Clewiston, FL 33440
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    Clewiston, FL 33440
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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
    520 Sugarland Hwy Clewiston, FL 33440
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