101 Highway 50Clermont, FL 34711

Property Details for 101 Highway 50

Year built

2003

Construction

CONCRETE BLOCKS

Lot size

0.29 AC

Property size (Sq ft)

1,677 SF

Property type

Office properties

Property subtype

Office buildings

APN

25-22-25-1000-009-01200

APU

252225100000901200

Description

This exceptional 2,454-square-foot office/retail space is strategically located at 101 E Highway 50 in Clermont, Florida, boasting a high-traffic location at the intersection of East Avenue. With over 40,000 vehicles passing daily, this property offers unparalleled visibility and exposure for your business. The building, situated on a 0.29-acre lot, has a rich history, previously housing a real estate office, a pool and gun shop, and an insurance company, demonstrating its versatility and adaptability to various business needs. The interior is thoughtfully designed, featuring tile flooring throughout the downstairs and laminate on the double stairways leading to the second floor. Tasteful tile accent walls enhance the aesthetic appeal, complemented by renovated bathrooms and a dedicated private office. A kitchen and playroom add functionality and convenience. The property also includes a screened-in pool and ample parking with over 16 spaces on a paved lot. The building's layout is flexible

• CAP approach

  CAP return

  Valuation

  6%

  $460,803

  6.5%

  $425,357

  7%

  $394,974

• Comparable approach

  Method

  Valuation

  Relative Method

  $326,733

  Geo Method

  $263,339

• Alternative Use

  Use

  Valuation

  Residential

  $527,443

  Hospitality

  $483,135

  Educational

  $401,962

  Medical

  $415,786

  Retail

  $625,275

Location Insight

City

Clermont

County

Lake

State

Florida

Latitude

28.551

Longitude

-81.7561

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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