Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1153 10th St Clermont, FL 34711-2872

    • Warehouses
    • 3,600 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5436564
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Clermont's Laptop, Desktop Computer Repair Service / Computer Repair Service
    • All Occasions Katering / Caterer
    • Speedy Locksmith Clermont / Locksmith
    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
    • Viva Cargo Express LLC / Shipping Service / Life Insurance Agency

    Property Details for 1153 10th St

    Year built
    1983
    Construction
    BRICK
    Lot size
    1.03 lot acres
    Property size
    3,600 SF
    Property type
    Warehouses
    APN
    24-22-25-0100-100-00000
    APU
    242225010010000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clermont
    County
    Lake
    State
    Florida
    Longitude
    -81.7717
    Latitude
    28.5508
    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
    $8,276
    $0.00
    $0.00
    $477,516
    -
    $234,179
    $243,337
    $477,516

    Comparable in this City

    • Value Estimation by Request
      7,300 SF

      345 Hatteras Ave

      WAREHOUSE, STORAGE • 7,300 SF
      345 Hatteras Ave, Clermont, FL 34711-7457
      View Details
    • Value Estimation by Request
      5,000 SF

      15110 Pne Vly Blvd

      WAREHOUSE, STORAGE • 5,000 SF
      15110 Pne Vly Blvd, Clermont, FL 34711-7602
      View Details
    • Value Estimation by Request
      8,800 SF

      1275 Cmns Ct

      WAREHOUSE, STORAGE • 8,800 SF
      1275 Cmns Ct, Clermont, FL 34711-6513
      View Details
    • Value Estimation by Request
      11,250 SF

      1262 Cmns Ct

      WAREHOUSE, STORAGE • 11,250 SF
      1262 Cmns Ct, Clermont, FL 34711-6513
      View Details
    • Value Estimation by Request
      16,000 SF

      204 Hatteras Ave

      WAREHOUSE, STORAGE • 16,000 SF
      204 Hatteras Ave, Clermont, FL 34711-7453
      View Details
    • Value Estimation by Request
      7,500 SF

      260 Hatteras Ave

      WAREHOUSE, STORAGE • 7,500 SF
      260 Hatteras Ave, Clermont, FL 34711-7453
      View Details

    Similar Nearby for Sale

    • $598,900

      Clermont Commercial Land - 5 Acres

      Prime 5-acre lot, commercial & residential potential.
      0 Xxx Windjammer, Clermont, FL 34711
      View Details
    • Contact for pricing
      10.08 Acres

      Lake County 10-Acre Homesite

      Prime Rural Residential Land
      0 Redwing Rd, Clermont, FL 34711
      View Details
    • $2,530,782
      4,000 SF

      Pacific Dental Retail Investment Opportunity

      4,000 SF retail space in Clermont, Florida for sale.
      17300 State Road 50, Clermont, FL 34711
      View Details
    • $4,396,000
      Pending

      Clermont Land at Highway 50

      Highly visible 5.9-acre corner lot near downtown Clermont.
      901 12Th St, Clermont, FL 34711
      View Details
    • $299,000
      1.24 Acres

      Highway Frontage Land Opportunity

      Prime commercial land with highway frontage and development potential.
      Us Highway 27, Clermont, FL 34711
      View Details
    • $324,900
      2.63 Acres

      2.79 Acre Clermont Land

      2.79 acres in Clermont, build your dream home!
      Cr-561, Clermont, FL 34711
      View Details

    Similar Nearby for Lease

    • $35,200

      Clermont Industrial Space For Lease

      New industrial space in Clermont, available 11/15/25.
      431 Citrus Tower Blvd, Clermont, FL 34711
      View Details
    • Contact for pricing
      178,501 SF

      Clermont Landing Retail Spaces

      High-traffic retail spaces in Clermont, FL
      0 Us Hwy 27 & Rd, Clermont, FL 34711
      View Details
    • $24 SF/Yr
      10,000 SF

      Vista Center: Clermont Retail Space

      High-traffic retail center, 7 suites, 10,000 sqft
      4420 Us Highway 27, Clermont, FL 34711
      View Details
    • Contact for pricing
      5,160 SF

      Retail Space in Clermont Landing

      Retail space available in Clermont's premier shopping center.
      2335 Highway 27 S, Clermont, FL 34711
      View Details
    • Contact for pricing
      3,240 SF

      Retail Space in Clermont, Florida

      Retail space available in Clermont, Florida.
      4351 Highway 27 S, Clermont, FL 34711
      View Details
    • Contact for pricing

      Prime Land Near Future Costco

      Highly visible outparcels available for ground lease near future Costco.
      Clermont, FL 34711
      View Details

    Property Visit Statistics

    • Visits by month
      4.8k
    • Visitors by month
      3.5k
    • Avg Time on site
      17 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1153 10th St
    Clermont, FL 34711-2872
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.