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Property profile & analytics
OFF-MARKET
Land

0 Highway 50 Clermont, FL 34711

17.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 17.68-acre commercial development parcel presents a unique investment opportunity in Clermont, Florida. Strategically located on East Highway 50, this property boasts 1,675 feet of prime frontage, ensuring unparalleled visibility to the 48,000 vehicles that traverse this busy thoroughfare daily. Its ideal position directly across from Lowe's, Dick's Sporting Goods, and Hobby Lobby guarantees high traffic and strong brand recognition. The site is zoned UE (City of Clermont), permitting a diverse range of development options, including Planned Unit Developments (PUDs), retail, residential, mixed-use, and multifamily projects. This versatile zoning, coupled with the property's substantial size, allows for significant flexibility in project design and scale. The location offers exceptional demographics, with over 27,000 people residing within a two-mile radius and a median household income exceeding $62,000 within a ten-minute drive. Furthermore, essential utilities—water, sewer, power, and internet—are readily available on-site, streamlining the development process. The asking price for this remarkable property is $6,500,000. Parcel numbers include 2665769, 3877821, 1695830, 1695821, 1695856, 1695864, and 3880875.

Property profile
Verified
Property type Land
Lot 17.68 ac (770,141 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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