Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1290 Rdg Blvd Clermont, FL 34711-2813

    • Golf courses & driving ranges
    • 4,706 SF
    • 31.41 lot acres
    OFF-MARKET
    Value Estimations
    $6,255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6753409
    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

    • Citrus Tower / Apartment Complex / Apartment Building
    • Blue Diamond Kitchens / Department Store
    • Izzy mobile Window Tinting / Interior Design / Auto Repair Shop
    • White Shield Tax Services / Accounting Firm / Tax Preparation
    • Nailed It Handyman Home Services, LLC / Hardware & Home Improvement / General Contractor

    Property Details for 1290 Rdg Blvd

    Year built
    2006
    Construction
    CONCRETE BLOCKS
    Lot size
    31.41 lot acres
    Property size
    4,706 SF
    Property type
    Golf courses & driving ranges
    APN
    09-22-26-0805-005-00001
    APU
    92226080500500001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,253,000
      Market price range: $428k - $12.3M
      AI Estimate
      $6,253,000
      Market price range: $428k - $12.3M

    • Alternative Use

      Use
      Estimation
      RECREATIONAL/ENTERTAINMENT (GENERAL)
      $6,255,000
      Current use
      WAREHOUSE, STORAGE
      $7,980,000
      Change: +28% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Clermont
    County
    Lake
    State
    Florida
    Longitude
    -81.7348
    Latitude
    28.5622
    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
    $890,309
    $0.00
    $0.00
    $51,372,702
    -
    $5,320,854
    $46,051,848
    $51,372,702

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      Highland Vw Cir

      GOLF COURSE • 0.06 Acres
      Highland Vw Cir, Clermont, FL 34711
      View Details
    • Value Estimation
      $10,600,000
      7,975 SF

      Swiss Fairways Ave

      GOLF COURSE • 7,975 SF
      Swiss Fairways Ave, Clermont, FL 34711
      View Details
    • Value Estimation
      $5,355,000
      4,030 SF

      1401 Hwy 50

      COUNTRY CLUB • 4,030 SF
      1401 Hwy 50, Clermont, FL 34711-2076
      View Details
    • Value Estimation
      $8,720,000
      6,561 SF

      Masthead Blvd

      COUNTRY CLUB • 6,561 SF
      Masthead Blvd, Clermont, FL 34711
      View Details
    • Value Estimation by Request
      14.64 Acres

      Smt Grns Blvd

      GOLF COURSE • 14.64 Acres
      Smt Grns Blvd, Clermont, FL 34711
      View Details
    • Value Estimation
      $3,950,000
      2,972 SF

      Caxton Ave

      COUNTRY CLUB • 2,972 SF
      Caxton Ave, Clermont, FL 34711
      View Details

    Similar Nearby for Sale

    • $6,223,862

      Clermont Medical Office Building

      High-Occupancy Medical Office in Clermont, FL
      1655 Highway 50, Clermont, FL 34711
      View Details
    • Contact for pricing
      3.00 Acres

      Clermont Commercial Land Trio

      Three 1-acre parcels, prime location.
      0 Highway 50, Clermont, FL 34711
      View Details
    • $2,500,000
      0.75 Acres

      Income-Producing Multifamily Portfolio with Land

      Portfolio of 14 units with vacant land for future development.
      757-797 Roane Rd, Clermont, FL 34711
      View Details
    • $342,000
      1,296 SF

      Clermont Duplex Investment Opportunity

      Tenant-occupied duplex near downtown Clermont, ideal for long-term investors.
      444 2Nd St, Clermont, FL 34711
      View Details
    • $549,550
      20.00 Acres

      20 Acres of Clermont Land

      20 acres of land in Clermont, Florida, perfect for seclusion.
      Duboise Dr, Clermont, FL 34711
      View Details
    • $150,000
      0.26 Acres

      Residential Multi-Unit Lot Opportunity

      Vacant land suitable for development, investment, or building a home.
      747 Roane Rd, Clermont, FL 34711
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,465 SF

      Retail Center in Clermont, FL

      New retail center with frontage on Highway 50.
      2357 Highway 50 E, Clermont, FL 34711
      View Details
    • $29 SF/Yr
      22,094 SF

      Mixed-Use Suites in Legends Pointe

      Connected suites with potential for various commercial uses in Clermont.
      4290 Highway 27 S, Clermont, FL 34711
      View Details
    • $13,200 /Mo

      Professional Office Space Available

      Shared office space with reception area, available December 1st.
      1135 East Ave, 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

      Commercial Land For Rent

      Commercial land available for rent with high traffic volume.
      12342 Roper Blvd, 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
    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.
    1290 Rdg Blvd
    Clermont, FL 34711-2813
    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.
    Sign Up Successful!
    You now have access to more from Realmo!