Property profile

1203 Highway 50 Clermont, FL 34711

FOR LEASE
Community centers
Property ID
US18-3192625
34,840 SF 2.93 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Construction CONCRETE BLOCKS
Total area 34,840 SF
Lot 2.93 ac (127,832 SF)
APN 23-22-25-0004-000-01200
UPID US18-3192625

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nail Salon
  • (Bike/Boat/Book/etc) Store Take-out & Catering
  • Gym & Fitness Center
  • Training Center Vocational School
  • DJ & Entertainment Nightclub

Location

1203 Highway 50 Clermont, FL 34711
Clermont metro Census 31202 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.60M
Blend (final) Blend
$3.62M

Owner & transaction history

since 2019
1 recorded transaction
2019
$3.7M

Zoning & alternative use

Top alternative use upside
Office building $10.4M +1.6%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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