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1391 Citrus Tower Blvd Clermont, FL 34711-1924

OFF-MARKET Turn key restaurants Google Maps
2,842 SF 0.99 ac lot Built 2006
Entity Owned ~ Est. High Equity
Estimated value (blended)
$1.11M
Range $995k – $1.22M (±10%)
Property ID US18-8987246

Property summary

AI-generated overview

This exceptional 2,863-square-foot restaurant property, located at 1391 Citrus Tower Blvd in Clermont, Florida, presents a unique investment opportunity. Built in 2006 and extensively renovated in 2019, the building was originally a bank branch and has been successfully converted into a restaurant, complete with a drive-thru. The property is being offered vacant, including all existing restaurant furniture, fixtures, and equipment (FF&E). The strategic location offers significant advantages. Situated next to Orlando Health's South Lake Hospital, a substantial 180-acre facility with 170 beds and over 1,600 employees, ensures a consistent flow of potential customers. Clermont's thriving retail market further enhances the property's appeal, making it a prime location within Central Florida's strongest retail trade areas. The property boasts 25 dedicated parking spaces and a prominent monument sign on Citrus Tower Blvd, ensuring high visibility and accessibility. The asking price for this turnkey restaurant opportunity is $2,100,000. Showings are by appointment only. This property is zoned for restaurant use and is ready for immediate occupancy. The zip code is 34711, and the property is located in Lake County.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Construction CONCRETE
Total area 2,842 SF
Lot 0.99 ac (43,146 SF)
APN 28-22-26-0300-000-00400
UPID US18-8987246

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
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2026
7 recorded transactions
2026
$1.6M
2020
Price N/A
2020
Price N/A
2020
Price N/A
2019
$1.1M
2009
Price N/A
2008
$1.4M

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +10.2%

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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