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137 E Gulf to Lake Hwy 4.22 Acres of Commercial Land Offered at $599,000 in Lecanto, FL 34461

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INVESTMENT HIGHLIGHTS

  • Main commercial Corridor; 4 min. West of Inverness (county seat) and 5 min. Eastof Suncoast Parkway's newest interchange.
  • High Visibility: 300 feet of frontage on Hwy 44.
  • HOME DEPOT NOW UNDER CONSTRUCTION! 1/2 Mile West of Parcel! Explosive Growth continues....
  • Directly adjacent to the Villages of Citrus Hills; the region's largest group of upscale residential subdivisions.
  • Zoning: GNC allows for retail, hospitality, professional, and general commercial development.

EXECUTIVE SUMMARY

4.22 Acres of Prime Commercial Development on Citrus county’s main commercial corridor. NEW HOME DEPOT under construction only a half mile west of this property! This perfectly situated parcel is only 5 min. east of the Suncoast Parkway Interchange (U.S. 589) and 4 min. west of Inverness' (county seat) commercial hub.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Taxes $3,633 $860.90
Operating Expenses - -
Total Expenses $3,633 $860.90

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $3,633
Annual Per AC $860.90
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $3,633
Annual Per AC $860.90

PROPERTY FACTS

Price $599,000
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Auto Dealership
  • Auto Repair
  • Bar
  • Bowling Alley
  • Department Store
  • General Freestanding
  • Healthcare
  • Health Club
  • Hotel
  • Motel
  • Outlet Center
  • Restaurant
  • Retail Warehouse
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
  • Theater or Concert Hall
  • Veterinarian or Kennel
  • Agribusiness
Total Lot Size 4.22 AC
Zoning GNC - GNC: Commercial Retail, Hospitality, Professional, General Commercial

1 LOT AVAILABLE

Lot

Price $599,000
Price Per AC $141,943.13
Lot Size 4.22 AC

4.22 Acres GNC; NEW HOME DEPOT 1/2 MILE West On Citrus county’s main commercial corridor, S.R. 44. (Gulf to Lake Hwy) in Lecanto, FL. The lot is level and high & dry. A variety of uses and development options. Borders Villages of Citrus Hills.

DESCRIPTION

IDEAL LOCATION: 4.22 Acres of Prime Commercial Development on Citrus county’s main commercial corridor. New Home Depot under construction 1/2 mile west of this ideal GNC property! This perfectly situated parcel is only 5 min. east of the Suncoast Parkway Interchange (U.S. 589) and 4 min. west of Inverness' commercial hub (Holiday Inn, Lowes, Walmart, Panera Bread, TJ Maxx, Bealls, Office Max, Olive Garden, Ruby Tuesdays, Applebees, Outback Steakhouse), as well as fast-food restaurants, banks, govt. offices, auto dealerships and the great downtown scene in the city of Inverness. Zoned GNC. High, dry & level w/ 300 ft of frontage on S.R. 44 (Gulf To Lake Hwy). Subject property is directly in front of of the Villages of Citrus Hills: the region's largest community and Florida's largest group of deed-restricted, affluent residential subdivisions (approx. 9800 residents). Sims furniture store is your next-door nreighbor (and celebrating 40 years at that location) will make utility hookups easy. GNC zoning affords Buyers many choices in future development. Less than 15 min. to Crystal River, Kings Bay & the Gulf of America; 35 min. to Ocala; 40 min. to the Villages! Suncoast Parkway offers quick access to Tampa, Orlando & Gulf beaches! The Nature Coast has grown exponentially in the last decade. Witness its breathtaking transformation from a semi-rural “hidden gem” to dozens of major subivisions under constuction. Medical, Professional and “big-box” Retail development has exploded to support the county’s record-breaking population growth. This location is a developer's dream!

  • Listing ID: 29437154

  • Date on Market: 9/4/2023

  • Last Updated:

  • Address: 137 E Gulf to Lake Hwy, Lecanto, FL 34461

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