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3495 W Horace Allen St
Lecanto, FL 34461
28.75 ac Zoned for Development · Land For Sale · 28.75 AC

Investment Highlights

  • The opportunity is to develop commercial and/or residential parcels located in Lecanto, FL.
  • Access from 3 streets: W Horace Allen St, N Family Pt & N Careb Pt and offer a great opportunity for residential development.
  • Assemblage of 8 parcels totaling 28.75+/- acres located south of the two main parcels located off of W Horace Allen Street.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 28.75 AC
Zoning LDR

Description

PROPERTY DESCRIPTION The opportunity is to develop two parcels located at 3768 and 4134 W. Norvell Bryant Highway, Lecanto, Citrus County. The parcel at 4134 W. Norvell Bryant Highway is 34.79+/- acres with 996 feet of frontage on Novell Bryant and the 2nd parcel at 3768 W Norvell Bryant Highway is 5.98+/- acres with 650 feet of frontage. The property is totally cleared and ready for growth in an area that is growing with the addition of the new Walmart Supercenter, YMCA across the street, Black Diamond Ranch across the street, and a new elementary school coming. There are existing utilities along the frontage of Norvell Bryant Highway (aka CR486) to support the type of development the land is now zoned for. Ten acres of the larger parcel are zoned Professional Service Office which offers many retail and other commercial uses. The smaller parcel is also zoned Professional Service Office. In addition the seller has assembled 8 parcels totaling 28.75+/- acres located south of the two main parcels located off of W Horace Allen Street. There properties are located in a residential area and zoned LDR & LDRMH. There is access from 3 streets: W Horace Allen St, N Family Pt & N Careb Pt and offer a great opportunity for residential development. LOCATION DESCRIPTION 3768 and 4134 W. Norvell Bryant Highway, Lecanto, Citrus County. Norvell Bryant Highway is also known as CR486 and has an AADT of 15,000. This is an area of farm land and also residential communities such as Citrus Hills Golf and Country Club, Skyview Golf Course, Brentwood Farms Golf Club, and Beverly Hills community. There is a new Walmart Supercenter in close proximity to the parcels on Norvell Bryant Highway. Ocala is approximately 32 miles to the northeast. The 28.75+/- Acres located on W Horace Allen St are located immediately south of the two other properties in a residential neighborhood. The Suncoast Parkway Extension is currently under construction from US 98 to SR 44. From SR 44 to CR 486 (W Norvell Bryant Highway) is approved and land acquisition is under way with construction starting in 2022. This segment will end approximately 1 mile to the west of the 34+ acres on CR 486 (W Norvell Bryant Highway) at Knoll Rd & CR 486. See aerial in package. PROPERTY SIZE 34.79+/- Acres (Parcel ID 3477179) 5.98+/- Acres (Parcel ID 3460549) 28.75+/- Acres (Parcel ID 3486625, 3234389, 2449942, 2271787, 2449934, 1492262, 1492271, 1492289)

  • Listing ID: 19327769

  • Date on Market: 4/24/2020

  • Last Updated:

  • Address: 3495 W Horace Allen St, Lecanto, FL 34461

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