Hotel Olympus Vlg, Four Corners, FL 34714
This exceptional 3-acre commercial land parcel presents a unique opportunity for hotel development in Clermont, Florida. Located within the Olympus Village Hotel development and the Wellness Way corridor, this site boasts pre-approved Planned Unit Development (PUD) entitlements for a 165-key branded hotel. This eliminates the need for further approvals from the City of Clermont, streamlining the development process and significantly reducing timelines. The property is situated within the Olympus Sports development, capitalizing on Clermont's burgeoning sports tourism industry. Clermont's attractive natural environment, featuring parks, lakes, and trails, is a major draw for outdoor enthusiasts, contributing to a growing demand for visitor accommodations. Lake County's limited hotel inventory creates a strong market for this project, ensuring high occupancy rates. The location offers easy access to Orlando's renowned theme parks and tourist attractions, while maintaining a more tranquil and relaxed atmosphere. This prime location, combined with the existing approvals, makes this a truly exceptional investment opportunity for a high-return hotel development. The site's zoning is classified as "C" commercial. The address is Olympus Village Hotel, Clermont, FL 34714.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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