For Sale
$1,355,900

4038 Modelwood DrBeverly Hills, FL 34465

Prime commercial/industrial land, ready for development.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 4.6-acre parcel, comprised of two adjacent lots (APN 18E18S110120 0030 & 18E18S110120 0020), presents a rare opportunity in Beverly Hills, Florida's thriving Golden Gate Center. Located at a signalized intersection on N Modelwood Dr, this pad-ready site boasts 604 feet of frontage and is zoned GNC/PSO, allowing for diverse commercial and industrial uses, including gas stations, quick-service restaurants with drive-thrus, automotive services, retail, and medical offices. The property benefits from excellent visibility and convenient access to major roadways, including proximity to the Suncoast Parkway (6.5 miles) and US-19, placing it within a 1-hour, 15-minute commute to Tampa. The immediate area features established retailers like Winn-Dixie, Dunkin', Dollar Tree, Walmart, Publix, and various QSR brands, ensuring a strong customer base. City water and sewer are readily available, and offsite retention is accessible for maximum lot utilization. Shared signage opportunities further enhance visibility. This location is strategically positioned within Citrus County's growth corridor, a region experiencing significant population expansion, projected to reach 350,000 residents by 2030. The area's average household income is $65,000, and the property is conveniently located near several growing communities, including Lecanto, Crystal River, and Homosassa. The site is cleared and ready for immediate development, making it an ideal investment for national developers seeking a prime location in a rapidly expanding market. The asking price for this combined parcel is $1,355,900.

Highlights

  • $1,355,900 asking price for 4.6 acres of pad-ready commercial/industrial land in Beverly Hills, Florida.
  • Located in Golden Gate Center, off N Lecanto Highway (5,800 AADT), this is one of seven remaining lots.
  • 15-minute drive to an area with high consumer spending in restaurants, housing, entertainment, and medical services.
  • 6.5 miles from the Suncoast Parkway toll road and 1 hour 15 minutes from Tampa.
  • Citrus County has capacity for approximately 350,000 residences, with 1.29% growth in the past year; nearby major retailers include Winn-Dixie, Dunkin', Dollar Tree, Walmart, Publix, and various QSRs.

Property Details for 4038 Modelwood Dr

Property type
Land, Industrial properties
Lot Size (sq. ft)
200,376 SF

Location Insight

City
Beverly Hills
County
Citrus
State
Florida
Latitude
28.922
Longitude
-82.466819
4038 Modelwood Dr, Beverly Hills, Florida

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4038 Modelwood Dr
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