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Property profile

0 Causey Rd Clermont, FL 34715

OFF-MARKET
Land
7.58 ac lot

Property summary

AI-generated overview

This exceptional 7.58-acre commercial land parcel is situated at a hard-corner intersection of US Highway 27 and near the Florida Turnpike in Minneola, Florida (34715), within the Orlando MSA. Zoned for general commercial use, this property presents a significant development opportunity in a rapidly growing area. The site boasts incredible visibility and accessibility, benefiting from a recent population increase exceeding 5% and a projected 4% growth by 2029. Its strategic location between Ocala and Orlando (less than 30 minutes south) provides convenient access to a large consumer base. Nearby attractions include Lakeridge Winery & Vineyards (one mile south) and the Hills Crossing retail center (4.5 miles away). The property is comprised of two parcels: Parcel I (3.42 acres) and Parcel II (4.15 acres). Offered at $1,250,000, this land presents a compelling investment opportunity for developers seeking a prime location in a thriving market. The asking price reflects the significant potential for multi-use commercial development in this high-growth area of Lake County. This is a rare chance to acquire a substantial commercial land holding in a desirable location with excellent infrastructure and strong growth prospects.

Property profile

Verified
Property type Land
Lot 7.58 ac (330,185 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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