1723 Lecanto HwyLecanto, FL 34461

  • Industrial properties
  • 4,500 SF
For Sale
$2,000,000 View listing

Property Details for 1723 Lecanto Hwy

Year built
1974
Construction
STEEL FRAME
Lot size
1.05 AC
Property size (Sq ft)
4,500 SF
Zone code
GNC GEN COMMERCIAL
Property type
Industrial properties
Property subtype
Other warehouses
APN
18E-18S-22-0010-109.0
APU
18E18S2200101090

Description

This exceptional 3.57-acre commercial development opportunity is ideally situated in Lecanto, Florida, at 1723 N Lecanto Hwy, 34461. The property consists of three adjoining parcels (APN: 18E-18S-22-0010-108.0, 18E-18S-22-0010-109.0, 18E-18S-22-0010-110.0) and is zoned General Commercial (GNC), offering a wide range of development possibilities. Located east of N Lecanto Hwy, this site benefits from high visibility and traffic counts exceeding 6,100 vehicles daily. Its strategic position is further enhanced by its proximity to a Walmart Supercenter and numerous recently completed construction projects, indicating a thriving and expanding commercial area. The property is not located within a flood zone or wetland, simplifying development plans. This presents a unique chance to capitalize on the growth potential of Lecanto, a community experiencing population increase and boasting a blend of outdoor recreation and convenient amenities. The asking price for this exceptional development site is $2,000,000. This represents a significant investment opportunity in a rapidly developing area of Citrus County, Florida. The property's size, zoning, location, and surrounding development make it an attractive prospect for a variety of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $967,829
    Hospitality
    $886,527
    Educational
    $737,580
    Medical
    $762,946
    Retail
    $1,147,346
1723 Lecanto Hwy, Lecanto, Florida

Location Insight

City
Lecanto
County
Citrus
State
Florida
Latitude
28.8884
Longitude
-82.4854
CBSA code
26140
CBSA name
HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,956
$120,680
$124,520
$245,200
-
$120,680
$124,520
$245,200

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