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    Schofield Rd Clermont, FL 34714

    Sponsored
    For Sale
    $9,775,000

    85 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 85-acre parcel in Clermont, Florida, presents a remarkable land development opportunity. Located in the burgeoning Town Center neighborhood, this property offers significant potential for a variety of uses, including single-family residential (up to 340 units), multifamily (up to 300 units), mixed-use development (63 units), and commercial development (400+ units). The site benefits from substantial recent activity, including the sale of adjacent land to Hanover Family Builders and Olympus Sports & Entertainment. The Olympus project, a major professional sports training and recreational facility, is projected to create 6,000 jobs and $1.4 billion in economic impact. This development will significantly enhance the value and marketability of the remaining parcels. Utilities are estimated to be available for connection by the fourth quarter of 2019. The asking price for this prime development land is $9,775,000. This is a unique chance to capitalize on the explosive growth in the Clermont area and be part of a transformative project. Broker co-op is available.

    Property Features for 0 Schofield Rd

    General Information

    Property type
    Land
    Lot Size
    3,702,600 SF

    HighLights

    • 85+/- acres of land available for sale in Clermont, FL.
    • Asking price: $9,775,000.
    • Property is zoned for single‑family residential (up to 340 units), multifamily, mixed‑use, and commercial development.
    • Adjacent to a major sports and entertainment complex (Olympus Sports & Entertainment) creating significant economic impact and increased property value.
    • Utilities (water and sewer) estimated to be available Q4 2019.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clermont
    County
    Lake
    State
    Florida

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    FAQs

    What type of property is this?
    Land - 85 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at Schofield Rd Clermont, FL.
    What is the asking price?
    The asking price for this property is $9,775,000.
    What are key features of this property?
    This property features: 85+/- acres of land available for sale in Clermont, FL.; Asking price: $9,775,000.; Property is zoned for single-family residential (up to 340 units), multifamily, mixed-use, and commercial development.
    Request Owner's contact information
    Schofield Rd Clermont, FL 34714
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    Clermont, 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
    Schofield Rd Clermont, FL 34714
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