SITE DEVELOPMENT SHOULD BE READY TO BREAK GROUND THIS YEAR! Conceptual Site plan available, Traffic Study complete, Utilities Available. Prime 10.33-acre commercial development opportunity located along the rapidly growing Lecanto Highway (CR-491) corridor. This highly visible corner parcel offers approximately 1,125 feet of highway frontage. Choose to develop the entire site or sub divide out. Located less than one mile from the major retail intersection of CR-491 and CR-486, the property is surrounded by expanding commercial development including national retailers, restaurants, and service businesses. Development readiness adds significant value for investors and developers. Preliminary planning work is roughly 90 percent completed, including a conceptual site plan, traffic access review, and utility availability confirmation, allowing a buyer to accelerate the development process. With due diligence already underway, a developer could potentially break ground this year, dramatically reducing the typical timeline associated with land development. This property presents a rare opportunity to acquire a high-visibility development site in one of Citrus County’s fastest-growing commercial corridors.
Financial Considerations
Price:
$2,395,000
HOA Fee:
N/A
Tax Amount:
$11320.7
Price per SqFt:
$5.45
Tax Legal Description:
A PCL OF LAND BEING A PTN OF THE LANDS DESCR IN OR BK 662/570 LYING IN SECTIONS 15&22-18-18 MORE PART DESCR AS FOL: COM AT THE SOUTHERMOST CORN OF TRACT E OF BLACK DIAMOND PB13/100 TH S 23D 25M 33S W AL THE W'LY R/W LINE OF CO RD 491 (A PUBLIC R/W 10 0 FT WIDE) 347.30 FT TO THE SOUTHERMOST CORN OF LANDS DESCR IN OR BK 832/1242 AND THE POB TH CONT S 23D 25M 33S W AL SD W R/W LINE 1125 FT TO THE EASTERN MOST CORN OF LANDS DESCR IN OR BK 2233/1512 SD LANDS ALSO ID AS W MARC KNIGHTON CT (A R/W 100 FT WIDE) TH N 66D 34M 27S W AL THE N'LY LINE OF SD LANDS 400 FT TO THE NORTHERMOST CORN OF SD LANDS AND THE E'LY LINE OF LANDS DESCR IN OR BK 720/222 OR BK 1366/1932 OR BK 1776/1031 TH N 23D 25M 33S E AL SD E'LY LINE 1125 FT TO THE NE CORN OF SD