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Listed by Elias Kirallah • Century 21 J.W.Morton R.E.
$ 1,325,000
Est. payment | /mo
1.42 Acres Lot
$ 1,325,000
Est. payment | /mo
1.42 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Not On List
MLS Listing ID 858642
HOA Y/N No
Annual Tax Amount $1,944
Tax Year 2022
Lot Size 1.420 Acres
Acres 1.42
Property Sub-Type Unimproved Land
Property Description
JOIN THE RETAIL BOOM in Lecanto, Florida, along one of Citrus County's fastest-growing commercial corridors! This prime 1.42-acre corner property is strategically positioned at the southeast corner of CR 486 and Crooked Branch Road, just one block from the signalized intersection of CR 486 and CR 491, benefiting from a combined corridor traffic count of 37,600 vehicles per day (AADT), including 19,800 AADT on CR 486 and 17,800 AADT on CR 491. Featuring over 290 feet of road frontage, PSO Commercial zoning, and potential opportunities for expanded commercial uses or rezoning, this property offers a rare opportunity in an increasingly competitive retail market.
RARE DEVELOPMENT ADVANTAGES include a reportedly county-funded 24-foot curb cut on CR 486, access to the Citrus County stormwater drainage system, potential maximum Floor Area Ratio (FAR) development benefits, and water and sewer infrastructure in the surrounding area. Additional access through the adjoining road network connects to the nearby trailhead, Wendy's, and Wawa Gas Station, with a full median opening providing eastbound and westbound access along CR 486, subject to verification.
SURROUNDED BY NATIONAL RETAILERS including Target, Sprouts, Walmart, ALDI, Five Below, Hobby Lobby, BJ's Wholesale, Texas Roadhouse, Glory Days Grill, Starbucks, Panera Bread, Five Guys, and numerous additional national brands, this location benefits from Citrus County's expanding retail concentration. Just south lies the county's established medical corridor, serving communities including Terra Vista, Pine Ridge, Black Diamond Ranch, and Beverly Hills.
STRATEGICALLY POSITIONED FOR GROWTH near the Suncoast Parkway extension at CR 486, the property benefits from improving regional connectivity, expanding residential development, and growing commercial demand. Conveniently located approximately 3 miles from Beverly Hills, 2.5 miles from Hernando, 6.8 miles from Crystal River, and 12 miles from Inverness, this location offers access to established communities and growing markets. CAPITALIZE ON THE GROWTH and secure a commercial development opportunity in one of Citrus County's most active retail corridors! All development potential, infrastructure availability, and access rights are subject to verification and governmental approvals.
RARE DEVELOPMENT ADVANTAGES include a reportedly county-funded 24-foot curb cut on CR 486, access to the Citrus County stormwater drainage system, potential maximum Floor Area Ratio (FAR) development benefits, and water and sewer infrastructure in the surrounding area. Additional access through the adjoining road network connects to the nearby trailhead, Wendy's, and Wawa Gas Station, with a full median opening providing eastbound and westbound access along CR 486, subject to verification.
SURROUNDED BY NATIONAL RETAILERS including Target, Sprouts, Walmart, ALDI, Five Below, Hobby Lobby, BJ's Wholesale, Texas Roadhouse, Glory Days Grill, Starbucks, Panera Bread, Five Guys, and numerous additional national brands, this location benefits from Citrus County's expanding retail concentration. Just south lies the county's established medical corridor, serving communities including Terra Vista, Pine Ridge, Black Diamond Ranch, and Beverly Hills.
STRATEGICALLY POSITIONED FOR GROWTH near the Suncoast Parkway extension at CR 486, the property benefits from improving regional connectivity, expanding residential development, and growing commercial demand. Conveniently located approximately 3 miles from Beverly Hills, 2.5 miles from Hernando, 6.8 miles from Crystal River, and 12 miles from Inverness, this location offers access to established communities and growing markets. CAPITALIZE ON THE GROWTH and secure a commercial development opportunity in one of Citrus County's most active retail corridors! All development potential, infrastructure availability, and access rights are subject to verification and governmental approvals.
Location
State FL
County Citrus
Area 08
Zoning PSO
Interior
Fireplace No
Building
Lot Description Acreage, Corner Lot, Multiple lots
Faces South
Sewer Public Sewer
Others
Tax ID 3471500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Norman Longfellow
Realtor® / Broker Owner License ID: BK3233641
+1(352) 400-0188 | normanlongfellow@gmail.com