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For Sale

E Hwy 50 in Clermont – Retail Development Land Across from Lowe’s

E Hwy 50,
Clermont, FL 34711

Asset Snapshot

17.68 Acres
Land Area

Offering Summary

Investment Overview

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.


Investment Highlights

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

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Listing Syndicated From

Buildout
For Sale
$7,200,000
Asking Price