271 W Gulf to Lake Hwy - Prime Signalized Double-Corner Lot on SR44 2.42 Acres of Commercial Land Offered at $287,000 in Lecanto, FL 34461

Stop! Don’t Miss Out! This signalized double-corner commercial property of 2.42 acres features 163 feet of road frontage on SR44/W Gulf to Lake Hwy (27,900 AADT) and 537 feet on S Highview Avenue. Zoned GNC Commercial, this property permits a variety of commercial uses, including retail, office, restaurants, sit-down, and drive-thru options, among others. Within 5 miles of the property, you’ll find a retail hub with Walmart, TJ Maxx, Lowe’s, and several restaurants and quick-service options. Located at the entrance of The Villages of Citrus Hills, Pine Ridge, Crystal Oaks, and Black Diamond, the property provides access to flourishing populations in Floral City (7.8 miles), Lecanto (8.8 miles), Beverly Hills (11.5 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles).
With the recent expansion of the Suncoast Parkway and future extensions, Citrus County is poised for historic growth in the Tampa MSA. Just a 15-minute drive from the property, an ideal customer base of 46,361 residents—with an average age of 58 and a median household income of $65,000—awaits. Strong market consumer expenditures reveal that 66% of residents dine at restaurants or steakhouses, and 89% frequent fast-food establishments. Additionally, with a median age of 58, the area population has spent over $106 million on healthcare services.
As part of Citrus County, currently home to 153,600 residents, the area is projected to experience exponential growth, reaching an estimated 350,000 residents under Citrus County’s Land Development Code by 2030. Positioned within Tampa–St. Petersburg–Clearwater MSA, ranked as the 18th largest in the U.S., Citrus County is emerging as one of the nation’s premier real estate markets.
Property Detail Expansion:
The zoning classification for this parcel allows for a wide array of development possibilities. By filing for a PUD (Planned Unit Development) application and Master Plan for development, you can entitle the property for:
-Single Family Free Standing Homes
-Single Family Attached Homes
-Duplexes and Apartments
Additionally, the property can support various other uses, including recreational and limited commercial/industrial purposes, such as:
-Nursing Homes
-Assisted Living Facilities
-Veterinarian Offices/Hospitals
-Grocery Stores
-Mini Warehouses
-Boat/RV Storage
These uses are subject to PUD application submittal and approval.
Location and Accessibility:
The property is located within the Citrus County Water and Sewer Territory but is not currently connected to public utilities. Depending on your development master plan, attaching to public utilities may be necessary to support larger-density residential development. Positioned in the Central Ridge area, the parcel is conveniently located less than a quarter-mile from US Hwy 41/Florida Avenue, a federal two-lane highway that connects the parcel to Dunnellon and beyond to the north, and to Holder, Hernando, and Inverness to the south, extending all the way to Miami.
Strategic Positioning for Growth:
The subject parcel is perfectly positioned to take advantage of the newly constructed extension of the Suncoast Parkway and its future extensions. Citrus County is poised for historic growth within the Tampa Metropolitan Statistical Area (MSA).
Demographic and Market Insights:
Proximity: Just a 15-minute drive from the property, an ideal customer base of 46,361 residents awaits.
Demographics: The average age of residents is 58, with a median household income of $65,000.
Access to Flourishing Populations:
The property offers easy access to thriving communities, including:
-Floral City (7.8 miles)
-Lecanto (8.8 miles)
-Beverly Hills (11.5 miles)
-Crystal River (16.6 miles)
-Homosassa (18.8 miles)
Area Growth:
Citrus County, currently home to 153,600 residents, is projected to experience exponential growth, reaching an estimated 350,000 residents by 2030 under Citrus County’s Land Development Code. Positioned within Tampa–St. Petersburg–Clearwater MSA, ranked as the 18th largest in the U.S., Citrus County emerges as one of the nation's premier real estate markets.
-Proximity to Key Facilities: Minutes away from Courthouse Square, home to Citrus County Courthouse, Tax Collectors, and Citrus Memorial Hospital in the newly developed Depot District of Inverness, Florida.
-Central Accessibility: Easily accessible to neighboring cities, including Floral City, Lecanto, Beverly Hills, Crystal River, and Homosassa, making it a central hub for business activities.
-Population Growth Projection: Positioned in Citrus County, currently home to 153,600 residents, with a projected exponential growth to an estimated 350,000 residents by 2030 under Citrus County’s Land Development Code.
-Premier Real Estate Market: As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area, ranked as the 18th largest in the U.S., Citrus County stands out as one of the nation's premier real estate markets, offering immense potential for businesses and investors.
Logistic Details:
-County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.
-County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.
-County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these types of 'coastal spur' routes, in West Central Florida, it is county-maintained.
-U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.