This property is Off-Market

US Highway 50 & Hancock Rd.
Clermont, FL 34711 ·

8.33 AC · Land For Sale

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Hancock Commons

Price N/A Property Sub-type Retail (land)
Lot Size 8.33 AC Property Use Type Vacant/Owner-User
Property Type Land Features
  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
Listing ID: 15423851 Date Created: 11/05/2007 Last Updated: 05/22/2008

Description

This offering is for 8.33 acres of undeveloped land zoned C-2 (Community Commercial) in Clermont, Florida. The land is one of a kind in Clermont and already has all utilities and services on site and is level and prepped for construction. The Seller has spent roughly $3 MM in site work for this site and the outparcel pads. This development opportunity comes with current site plans for a 37,700 sq. ft. Retail Strip Center with 310 parking spaces. The plans could potentially be reconfigured for additional net square footage.

The center currently draws traffic counts of 53,000 vehicles per day and is surrounded by national retailers such as Super Target, A&W, McDonald's, Ruby Tuesday's, Chick-fil-A, Chili's, Office Depot, Walgreens and many others. Hancock Commons is surrounded by 4 outparcels that are not included in this offering and an additional space that is tentatively being looked at as a hotel development. Lot 1 will be a Suntrust Bank, Lot 2 Pollo Tropical, Lot 3 is currently available and Lot 4 is currently under contract with an institutional user. The development of this site is set in a way that visibility to the center will not be blocked from State Road 50.

Highlights

  • 20 miles West of Downtown Orlando
  • High Traffic Signalized Corner Location (53,000 vehicles per day)
  • All Utilities and Services and is Level and Prepped for Construction
  • Dynamic Population Groth 114%
  • Site Surrounded by Strong National Retailers

Utilities

  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable

Research

US Highway 50 & Hancock Rd., Clermont, FL 34711 (Lake County)

Clermont Market Trends - Asking price index trends, sale price trends, asking rent trends

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