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427 CITRUS TOWER BOULEVARD UNIT B3

Recently Sold
$46,250

BTC: 0.74838188

ETH: 26.48911798

Sold on: 2023-08-16
159 days
0 room(s)

Overview

Under Construction. PRIME OFFICE/WAREHOUSE LEASING OPPORTUNITY IN CLERMONT!! SUPERIOR LOCATION NEARBY MAJOR ROADWAYS INCLUDING CITRUS TOWER BLVD./ US HIGHWAY 27 / S.R. HWY 50 AND THE FLORIDA TURNPIKE. THIS BRAND NEW OFFICE/WAREHOUSE COMPLEX IS AVAILABLE FOR PRE-LEASE. 3 - 2500 SF SUITES THAT CAN BE COMBINED (2500, 5000, or 7500). EACH SUITE INCLUDES 1- 500 SF AIR CONDITIONED OFFICE SPACE AND 1 BATHROOM, WITH POTENTIAL FOR MODIFICATION. THE WAREHOUSE SPACE IS NOT AIR CONDITIONED BUT THE A/C CAN BE ADDED AT THE COST OF THE TENANT. CEILING HEIGHT IS 20'-22' (SLOPES BACK) AND EACH SUITE ALSO INCLUDES A 12' x 14' ROLL UP BAY DOOR, AND 200 AMP ELECTRIC. CITY WATER/SEWER. ZONED INDUSTRIAL. BUILDINGS ARE CURRENTLY UNDER CONSTRUCTION WITH AN ESTIMATED COMPLETION DATE OF 09/31/23 OR SOONER. 3 YEAR MINIMUM LEASE TERM. Gross Lease: $ 18.50 per SF plus Tax. Base Rent includes Common Area Maintenance Annual rent increase: 5%. Number of parking per Unit: 4-5 Spaces.

Location

Details

Type:
Commercial Lease
Parking:
No Data
Year Built:
2023
Lot:
0.05 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
A/C - Office Only
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$446,485
$369K – $870K
Confidence Low
List vs. estimate
$400K below estimate
List $46,250 · -89.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,393
2022
All facts and features
  • Cooling

    • A/C - Office Only

  • Property

    • Levels: One

    Lot

    • Lot: 0.05 Acres

    Other Property Information

    • Parcel Number: 202226100000000B03

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Industrial

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Phone Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,393

  • Source details

    • MLS ID: G5066017

    Other facts

    • Construction Materials: Metal Frame / Metal Siding

    • Foundation Details: Slab

    • Water Source: Public

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LAKE REAL ESTATE GROUP