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Property profile

820 Sugarland Cir Clewiston, FL 33440

OFF-MARKET
Hospitality properties
Built 1951
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Property summary

AI-generated overview

This exceptional 1-acre commercial property, located at 820 E Sugarland #1 in Clewiston, Florida, presents a unique redevelopment opportunity. Boasting 100 feet of frontage on US Highway 27, this site enjoys a high traffic count of 20,500 vehicles daily. Currently zoned CL-C (commercial) within Clewiston city limits, the property includes a 1951-built, one-story hotel building, though its value is not factored into the asking price of $735,000. A recent appraisal valued the land significantly higher. The existing structure, while not suitable for rebuilding, can be renovated for continued use as a hotel, motel, or short-term rentals, subject to deed restrictions. The site plan and survey allow for the potential abandonment of the alley, a common practice in this corridor. This location offers exceptional access to major coastal cities, including Fort Lauderdale (63 miles), West Palm Beach (54 miles), Miami (81 miles), and Fort Myers (54 miles). The seller is highly motivated and the property is priced for an immediate sale. Ideal for redevelopment into a plaza, strip mall, restaurant, or office space. This is a rare opportunity to acquire a prime commercial property in a high-traffic location with significant upside potential.

Property profile

Verified
Property type Hospitality properties
Year built 1951

Cap rate & NOI

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

Location

820 Sugarland Cir Clewiston, FL 33440
Clewiston metro
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Value estimations

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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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