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Property profile

0 Highway 27 Clermont, FL 34715

OFF-MARKET
Land
8.82 ac lot

Property summary

AI-generated overview

This exceptional 8.82-acre commercial land parcel, located in the thriving Minneola, Florida market (Lake County, zip code 34715), presents a significant development opportunity. Situated on S Hwy 27, this property boasts exceptional visibility with approximately 35,000 cars passing daily. The parcel, identified by APN Portions of 182226050005200200 and 182226050004600402, is part of a larger 13-acre commercial development, directly across from a Publix-anchored shopping center, ensuring high traffic and consumer visibility. The asking price is $1,800,000, translating to $204,082 per acre. Detailed one-foot contour maps are available for review by civil engineers. This site is ideally suited for the construction of six (6) 15,000 square foot flex-use buildings, with a potential footprint of 300 feet by 50 feet. The property's strategic location is approximately 1.5 miles from the intersection of US Highway 27 and SR-50, providing easy access to major transportation arteries. Utilities will be conveniently located on-site at the US Highway 27 entrance, simplifying development. This prime location within Clermont's rapidly expanding commercial sector makes this an unparalleled investment opportunity.

Property profile

Verified
Property type Land
Lot 8.82 ac (384,199 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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