1745 Highway 50Clermont, FL 34711

Property Details for 1745 Highway 50

Year built

2002

Construction

CONCRETE BLOCKS

Lot size

0.54 AC

Property size (Sq ft)

6,040 SF

Property type

Office properties

Property subtype

Office buildings

APN

29-22-26-0305-000-03300

APU

292226030500003300

Description

This exceptional commercial property, located at 1745 E HWY 50 #Suite A in Clermont, Florida (zip code 34711), presents a unique investment opportunity. Priced at $43,800, this 1,500 square foot office space is ideally suited for medical, clinical, or professional practices. The layout features a well-designed floor plan including a reception area, a nurse/administrator office, three patient rooms, a combined triage/nurse/lab room, and a versatile technician room. Ample closet and storage space are also included. The suite benefits from its corner location, providing excellent visibility. Its strategic proximity to a hospital and other medical amenities makes it highly desirable. The building offers convenient access to ample common parking spaces for patients and staff. It's important to note that the building is currently owner/physician occupied. This property represents a strong investment potential in a thriving area of Clermont, Florida. The property is classified as both office and land, offering flexibility for future development or expansion. This turnkey office space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,656,589

  6.5%

  $1,529,159

  7%

  $1,419,934

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,174,972

  Geo Method

  $948,461

• Alternative Use

  Use

  Valuation

  Residential

  $1,896,158

  Hospitality

  $1,736,870

  Educational

  $1,445,056

  Medical

  $1,494,753

  Retail

  $2,247,864

Location Insight

City

Clermont

County

Lake

State

Florida

Latitude

28.5451

Longitude

-81.7245

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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