Property profile

850 Highway 50 E Clermont, FL 34711

FOR LEASE
Drive through restaurants
Property ID
US18-4961812
3,048 SF 0.67 ac lot Built 1985
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1985
Construction CONCRETE
Total area 3,048 SF
Lot 0.67 ac (29,189 SF)
APN 30-22-26-0001-000-03000
UPID US18-4961812

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 Take-out & Catering

Location

850 Highway 50 E Clermont, FL 34711
Clermont metro Census 31312 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
$878k
Blend (final) Blend
$880k

Owner & transaction history

since 2016
5 recorded transactions
2021
Price N/A
2017
Price N/A
2016
$2.0M
2011
$1.3M
1999
$440,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +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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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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