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Property profile & analytics

2611 Hwy 27 Clermont, FL 34711

  • Commercial land
  • 0.17 lot acres
OFF-MARKET
Last Sale
Mar 03, 2023
$658,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-1710236
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

  • Commercial land

Property Details for 2611 Hwy 27

Lot size
0.17 lot acres
Property type
Commercial land
APN
32-22-26-2500-000-01500
APU
322226250000001500

Description

This exceptional retail storefront opportunity is located within the Cross Ridge Exchange development, a thriving commercial center in Lake County, Florida. The property, building 7, is a newly constructed (2024) single-story building totaling 2,985 square feet and featuring two suites. This particular end-cap space offers 997 square feet of prime retail space with unparalleled visibility and direct frontage on heavily trafficked Highway 27, boasting an impressive 36,500 AADT. Its strategic location between a Walmart Supercenter and BJ's Wholesale Club ensures high foot traffic and brand recognition. The property is also less than a mile from Clermont's main retail corridor, providing access to a large consumer base. Excellent visibility is further enhanced by direct access from both US Highway 27 and Cross Ridge Road, with monument signage opportunities available on Hwy 27. The building benefits from a desirable grey shell delivery, a generous tenant improvement allowance of $35 per square foot, and an attractive incentive of four months of free rent. Clermont's designation as "Most Business Friendly City in Central Florida" by WalletHub underscores the area's strong economic climate and supportive business environment. This property presents a unique chance to establish a thriving business in a high-growth area with exceptional visibility and convenient access. The development itself boasts over 500 feet of direct frontage on Hwy 27 and is situated directly across from a Walmart Supercenter and just south of Clermont Landing, a significant 340,000 square foot retail power center.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Clermont
County
Lake
State
Florida
Longitude
-81.7316
Latitude
28.5309
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
$2,572
$0.00
$0.00
$148,413
-
$148,413
$0.00
$148,413
More about this property
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