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US Highway 50 & Hancock Rd., Clermont, FL 34711
8.33 AC | Land
Land - Off Market
- Lot Size:
- 8.33 AC
- Property Type:
- Property Sub-type:
- Retail (land)
- Listing ID
- Last Updated
- over 1 year ago
- 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
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.
Map of US Highway 50 & Hancock Rd., Clermont, FL 34711 (Lake County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO