1723 Lecanto HwyLecanto, FL 34461
- Industrial properties
- 4,500 SF
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
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
Comparable in this City
Similar Nearby for Sale
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