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1300 E Highway 50
Clermont, FL 34711
E Hwy 50 in Clermont – Retail Dev Land · Land For Sale
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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
Property Facts
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 17.68 AC |
| Zoning | UE (City of Clermont) - UE (City of Clermont) | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 17.68 AC |
| Zoning | UE (City of Clermont) - UE (City of Clermont) |
1 Lot Available
Lot
| Price | $7,200,000 | Lot Size | 17.68 AC |
| Price Per AC | $407,239.82 |
| 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.
