2611 Highway 27Clermont, FL 34711

  • Land
  • 0.17 AC
For Lease
$39/SF/YR View listing

Property Details for 2611 Highway 27

Lot size
0.17 AC
Property type
Land
Property subtype
Commercial land
APN
32-22-26-2500-000-01500
APU
322226250000001500

Description

This exceptional retail storefront opportunity is located within the Cross Ridge Exchange development, a thriving commercial center in Lake County, Florida. The property, building 7, is a newly constructed (2024) single-story building totaling 2,985 square feet and featuring two suites. This particular end-cap space offers 997 square feet of prime retail space with unparalleled visibility and direct frontage on heavily trafficked Highway 27, boasting an impressive 36,500 AADT. Its strategic location between a Walmart Supercenter and BJ's Wholesale Club ensures high foot traffic and brand recognition. The property is also less than a mile from Clermont's main retail corridor, providing access to a large consumer base. Excellent visibility is further enhanced by direct access from both US Highway 27 and Cross Ridge Road, with monument signage opportunities available on Hwy 27. The building benefits from a desirable grey shell delivery, a generous tenant improvement allowance of $35 per square foot, and an attractive incentive of four months of free rent. Clermont's designation as "Most Business Friendly City in Central Florida" by WalletHub underscores the area's strong economic climate and supportive business environment. This property presents a unique chance to establish a thriving business in a high-growth area with exceptional visibility and convenient access. The development itself boasts over 500 feet of direct frontage on Hwy 27 and is situated directly across from a Walmart Supercenter and just south of Clermont Landing, a significant 340,000 square foot retail power center.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,266,968
    Hospitality
    $2,076,531
    Educational
    $1,727,649
    Medical
    $1,787,066
    Retail
    $2,687,454
2611 Highway 27, Clermont, Florida
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Location Insight

City
Clermont
County
Lake
State
Florida
Latitude
28.5309
Longitude
-81.7316
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,572
-
-
$148,413
-
$148,413
-
$148,413

FAQs

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