For Sale
$772,900

6987 Lecanto Hwy Beverly Hills, FL 34465

1.08 Acres, Prime Development Site

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 1.08-acre commercial land parcel presents a remarkable development opportunity in rapidly growing Beverly Hills, Florida. Strategically located at the southwest corner of US 41/Florida Avenue (16,500 AADT) and CR 491/Lecanto Hwy (5,800 AADT), this property boasts 450 feet of highway frontage on CR 491, benefiting from a combined traffic count of 22,300 AADT. The site is primed for significant development, situated near the future expansion of both roadways. City water is available. Its proximity to a major regional shopping district featuring Walmart and a new Target Supercenter, ensures high visibility and accessibility. Furthermore, the property's location is advantageous due to its proximity to the planned 550-acre Holder Industrial Park, a potential 6.2-7.5 million square foot development for light/heavy industrial and commercial uses, spearheaded by Duke Energy. This project will significantly impact area traffic and growth. The property offers easy access to Ocala, Lecanto/SR-44, Inverness, and Dunnellon. Located in Citrus County, part of the Tampa-St. Petersburg MSA, this land benefits from a growing population (155,582 residents, 1.29% annual growth rate), and abundant opportunities within a county with over 60,000 vacant parcels ready for development. The county is actively expanding utilities and improving roadways, including the recently completed extension of the 589-Toll Road to SR-44 and planned expansion to CR-486. The property is zoned GNC and offered at $772,900, fee simple ownership. APN: 1576784, 1576792.

Highlights

  • $772,900 asking price for 1.08 acres of commercial land.
  • Located at 6987 & 6997 N Lecanto Hwy, Beverly Hills, FL 34465; APN 1576784, 1576792.
  • GNC zoning; Fee Simple ownership.
  • Prime corner lot with 450 feet of highway frontage on CR 491, benefiting from high traffic counts (22,300 AADT).
  • Convenient access to major retailers (Walmart, Target) and future Holder Industrial Park (6.2-7.5 million sq ft).
  • Central location near Ocala, Lecanto, Inverness, and Dunnellon; within the Tampa-St. Petersburg MSA.

Property Details for 6987 Lecanto Hwy

Property type
Land
Lot Size (sq. ft)
47,045 SF

Location Insight

City
Beverly Hills
County
Citrus
State
Florida
Latitude
28.965515
Longitude
-82.420183

FAQs

What type of property is this?
Land - 1.08 Acres, Prime Development Site
Where is the land located?
The property is located at 6987 Lecanto Hwy Beverly Hills, FL.
What is the asking price?
The asking price for this property is $772,900.
What are key features of this property?
This property features: $772,900 asking price for 1.08 acres of commercial land.; Located at 6987 & 6997 N Lecanto Hwy, Beverly Hills, FL 34465; APN 1576784, 1576792.; GNC zoning; Fee Simple ownership.
How can I contact the broker?
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6987 Lecanto Hwy
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