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    Highway 50 Clermont, FL 34711

    Sponsored
    For Sale
    Contact for pricing

    Three 1-acre parcels, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents three one-acre commercial outparcels within The Vue at Clermont, a thriving mixed-use development featuring 289 multifamily units. These parcels boast approximately 627 feet of frontage on high-traffic Highway 50 (W. Colonial Drive), boasting an impressive 67,500 AADT. For a bulk sale, the site will be delivered rough-graded with pre-installed stormwater conveyance pipes, and utilities are readily available at the perimeter. The property benefits from strong surrounding demographics, with an average household income exceeding $113,874 within a five-minute radius. The Planned Unit Development (PUD) allows for approximately 30,000 square feet of commercial development. Convenient access is ensured by two new right-in/right-out entrances and a left-in access from Highway 50. The location is highly desirable, situated less than half a mile from the Orlando Health National Training Center and within a half-mile radius of popular retailers such as Chick-fil-A, Target, Five Guys, and First Watch. Strategic proximity to the Florida Turnpike (approximately six minutes away) further enhances its appeal. This is a rare opportunity to acquire prime commercial land in a rapidly growing area. The zoning is C-2. Lake County, Florida.

    Property Features for 0 Highway 50

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Three 1‑acre outparcels available in The Vue at Clermont mixed‑use development.
    • ±627 feet of Highway 50 (W. Colonial Drive) frontage, 67,500 AADT.
    • Bulk sale: rough graded, stormwater pipe installed, utilities at perimeter.
    • Strong demographics, $113,874 average household income within 5 minutes.
    • PUD allows ~30,000 SF commercial development.
    • Two new right‑in/right‑out and one left‑in access from Highway 50.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clermont
    County
    Lake
    State
    Florida
    Longitude
    -81.715994172517
    Latitude
    28.546643151003

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    FAQs

    What type of property is this?
    Land - Three 1-acre parcels, prime location.
    Where is this land located?
    The property is located at Highway 50 Clermont, FL.
    What are key features of this property?
    This property features: Three 1-acre outparcels available in The Vue at Clermont mixed-use development.; ±627 feet of Highway 50 (W. Colonial Drive) frontage, 67,500 AADT.; Bulk sale: rough graded, stormwater pipe installed, utilities at perimeter.
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    Highway 50 Clermont, FL 34711
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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

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    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.

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    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
    Highway 50 Clermont, FL 34711
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