Technical
Financial
Distress signals
Property profile

20329 Us Hwy 27 Clermont, FL 34715

OFF-MARKET
Bars & Pubs
Property ID
US18-0130523
7,270 SF 4.41 ac lot Built 1973
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents the Rodeway Inn, a 100-key hotel situated on a 4.35-acre lot in Clermont, Florida. Located at 20329 US Hwy 27, this property enjoys high visibility with frontage on a major highway and proximity to the popular Lakeridge Winery. The hotel, built in 1973, comprises four two-story buildings totaling 74,000 square feet and includes a swimming pool. Currently operational, the property offers significant redevelopment potential. The Town Center (T-C) zoning allows for a variety of uses, including multifamily residential and residential care facilities. The asking price is $5,850,000, translating to approximately $58,500 per key and $31 per square foot of land. The property's location, zoning, and existing infrastructure make it an attractive proposition for investors seeking a high-return redevelopment project in a thriving Florida market. The Lake County property features a parcel number of 22-21-25-0003-000-01102 and presents a compelling opportunity to capitalize on the area's growth. This fully operational hotel offers immediate cash flow while providing a platform for future development. The substantial lot size and strategic location ensure long-term value and potential for significant returns.

Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1973
Construction BRICK
Total area 7,270 SF
Lot 4.41 ac (192,000 SF)
APN 22-21-25-0003-000-01102
UPID US18-0130523

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
  • Solar Energy Company

Location

20329 Us Hwy 27 Clermont, FL 34715-8797
Clermont metro Census 31208 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.78M

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2017
$1.9M
2012
$1.9M
2011
Price N/A
2006
$3.5M
2005
$2.4M
2003
$1.2M

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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