0 Schofield Rd Clermont, FL 34714
This exceptional 85-acre parcel in Clermont, Florida, presents a remarkable land development opportunity. Located in the burgeoning Town Center neighborhood, this property offers significant potential for a variety of uses, including single-family residential (up to 340 units), multifamily (up to 300 units), mixed-use development (63 units), and commercial development (400+ units). The site benefits from substantial recent activity, including the sale of adjacent land to Hanover Family Builders and Olympus Sports & Entertainment. The Olympus project, a major professional sports training and recreational facility, is projected to create 6,000 jobs and $1.4 billion in economic impact. This development will significantly enhance the value and marketability of the remaining parcels. Utilities are estimated to be available for connection by the fourth quarter of 2019. The asking price for this prime development land is $9,775,000. This is a unique chance to capitalize on the explosive growth in the Clermont area and be part of a transformative project. Broker co-op is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.