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1300 E Highway 50
Clermont, FL 34711
E Hwy 50 in Clermont – Retail Dev Land · Land For Sale · 17.68 AC

Investment Highlights

  • 17.68 ± Acres (2 adjoining acres also available)
  • 1,675' Frontage on Hwy 50
  • Utilities at or across from site (water, sewer, gas)
  • 51,500 AADT Daily Traffic
  • Has a signalized intersection
  • FLU Commercial; Best Use: Retail, Mixed-Use, Multifamily; Across from Lowes/Hobby Lobby Retail Center

Executive Summary

Development Land Parcel - Mixed Use, Retail, Office, Multifamily

Property Facts

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Storefront, Retail or Office
Total Lot Size 17.68 AC
Zoning UE (City of Clermont) - UE (City of Clermont)

1 Lot Available

Lot

Price $7,200,000
Price Per AC $407,239.82
Lot Size 17.68 AC

6 parcels totalling 18+/- acres on Hwy 50 in the heart of the Clermont retail district with 48,000 dtc,1673 ft frontage and $60,0000 median income.

Description

Clermont Retail/Mixed Use Development Property: 17.68 ± acres (19.68 ± ac available with adjoining 2 ac parcel) with 1,675 FT frontage on Hwy 50 and located at a signalized intersection, directly across from Lowes and Hobby Lobby with a traffic count of 51,500 AADT/cars per day. Water, Sewer, and Gas at or across the street from the property. Demographics: - 3 Miles: 54,257 population, $101,833 average household income, and average house value of $388,318 - 5 Miles: 93,000+ population with a median household income of more than $110,886, and average house value of $406,933 - 10 Miles: 202,467 population, $121,131 average household income, and an average house value of $426,701 This is one of the last development parcels available on SR50 in Clermont. Location Description Located in the middle of the Clermont retail-row on SR50, directly across from Lowes and Hobby Lobby with 1675 ft of Hwy 50 frontage with a traffic count of 51,500 AADT/cars per day. Utilities are at/across from site (water, sewer, gas). 5 Miles: 93,279 Population, $110,886 average household income, $406,933 average house value.

  • Listing ID: 17976433

  • Date on Market: 12/16/2019

  • Last Updated:

  • Address: 1300 E Highway 50, Clermont, FL 34711

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