Property profile

Hotel Olympus Vlg Four Corners, FL 34714

OFF-MARKET
Land
3 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

Hotel Olympus Vlg Four Corners, FL 34714
Four Corners metro
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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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