Highway 50 Clermont, FL 34711
- Land
- 17.68 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 50
- Lot size
- 17.68 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clermont
- County
- Lake
- State
- Florida
- Longitude
- -81.7326
- Latitude
- 28.5467