Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9200 Us Highway 192 Clermont, FL 34714
    Back to Search
    Property profile & analytics

    9200 Us Highway 192 Clermont, FL 34714

    View on Map
    • Motels
    • 21,040 SF
    • 4.64 lot acres
    For Sale
    $5,000,000
    View Listing →
    Clermont Hotel Redevelopment Opportunity For Sale
    $5,000,000
    71,840 SF

    Clermont Hotel Redevelopment Opportunity

    197-room hotel on US-192, ideal for redevelopment or conversion.

    9200 US-192, Clermont, FL 34714
    View Listing
    Property ID
    US18-5102401
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 9200 Us Highway 192

    Year built
    1973
    Lot size
    4.64 lot acres
    Property size
    21,040 SF
    Zone code
    C-3
    Property type
    Motels
    APN
    262501488040009820
    APU
    262501488040009820

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,025,000
      6.5%
      $1,865,000
      7%
      $1,735,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,161,000
      Market price range: $2.16M - $7.43M
      AI Estimate
      $1,330,000
      Market price range: $1.26M - $5.76M

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

    Location Insight

    • Map
    • Local Demand
    City
    Clermont
    County
    Polk
    State
    Florida
    Longitude
    -81.6587
    Latitude
    28.3457
    CBSA code
    29460
    CBSA name
    LAKELAND, 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
    $34,755
    $910,197
    $454
    $910,651
    -
    $910,197
    $454
    $910,651

    Comparable in this City

    • Value Estimation
      $4,435,000
      37,342 SF

      9400 Us Hwy 192

      MOTEL • 37,342 SF
      9400 Us Hwy 192, Clermont, FL 34714-8205
      View Details
    • Value Estimation
      $3,930,000
      32,134 SF

      9330 Us Hwy 192

      MOTEL • 32,134 SF
      9330 Us Hwy 192, Clermont, FL 34714-8205
      View Details
    • Value Estimation by Request
      54,584 SF

      105 Summer Bay Blvd

      HOTEL • 54,584 SF
      105 Summer Bay Blvd, Clermont, FL 34714
      View Details
    • Value Estimation
      $2,920,000
      24,912 SF

      9240 Us Hwy 192

      HOTEL • 24,912 SF
      9240 Us Hwy 192, Clermont, FL 34714-8200
      View Details
    • Value Estimation by Request
      1.82 Acres

      Berry Grvs Rd

      WASTE DISPOSAL, SEWAGE • 1.82 Acres
      Berry Grvs Rd, Clermont, FL 34714
      View Details
    • Value Estimation by Request
      0.30 Acres

      Tercera Avda

      VACANT COMMERCIAL LAND • 0.30 Acres
      Tercera Avda, Clermont, FL 34714
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Olympus Master Development Opportunity

      243-acre development with sports, entertainment, and commercial spaces.
      7200-8582 N Bradshaw Rd, Clermont, FL 34714
      View Details
    • Contact for pricing

      Quality Inn Clermont Hotel

      73-room hotel near Disney and Orlando for sale.
      9330 Us Highway 192, Clermont, FL 34714
      View Details
    • Contact for pricing
      71,840 SF

      Clermont Hotel Redevelopment Opportunity

      197-room hotel on US-192, ideal for redevelopment or conversion.
      9200 Us Highway 192, Clermont, FL 34714
      View Details
    • Contact for pricing

      Olympus Village Hotel Land

      243 acres for 165-key hotel in Olympus Development.
      Hotel Olympus Vlg, Clermont, FL 34714
      View Details
    • $2,125,000
      94.00 Acres

      94-Acre Ranch with Barndominium

      Turnkey 94-acre ranch featuring a barndominium and metal building.
      0000 Alligator Rd, Clermont, FL 34714
      View Details
    • $1,250,000
      45.57 Acres

      CLERMONT Land with Prize Forage

      45.57 acre property with rare forage for livestock.
      Green Swamp Rd, Clermont, FL 34714
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,415 SF

      Retail Space in Clermont Landing

      Retail space available in premier Clermont shopping center.
      2347 Us Highway 27, Clermont, FL 34714
      View Details
    • Contact for pricing

      Retail Space in Golden Eagle Village

      Retail space for lease in a Publix-anchored shopping center.
      2430 Us Highway 27 U.S, Clermont, FL 34714
      View Details
    • Contact for pricing
      1,169 SF

      Retail Space Near Disney World

      Retail space available in Clermont, close to Disney World.
      2430 Us Highway 27, Clermont, FL 34714
      View Details
    • Contact for pricing

      Commercial Ground Lease Opportunity

      10.19-acre commercial ground lease with high-traffic visibility.
      1403 Us Highway 27, Clermont, FL 34714
      View Details
    • Contact for pricing

      Serenoa/Sawgrass Retail Development Space

      8.73 acres of retail space available for lease.
      and Sanctuary Nec And Sec Of Sawgrass Pkwy, Clermont, FL 34714
      View Details
    View Listing
    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.
    9200 Us Highway 192
    Clermont, FL 34714
    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

    Thank You for Inquiry
    9200 Us Highway 192, Clermont, FL, 34714
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!