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3228 & 3164 W Laurel Street, Lecanto, FL 34461

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For Sale

$895,000

2.74 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 2.7 acres
    Lot size

Explore this Property

Prime 2.74+/- acre commercial corner located in the heart of the rapidly growing Central Ridge District of Citrus County. This cleared, development-ready site offers exceptional visibility with 270' of frontage on CR 491 (Lecanto Hwy - 17,800 AADT) and additional frontage on W Laurel St, just two blocks from the signalized SR 44 intersection (25,500 AADT). Full median access allows unrestricted ingress and egress for north- and southbound traffic. Zoned GNC/LDR, the property supports a wide range of uses including retail, medical office, restaurant with drive-thru, automotive, hotel, multifamily (up to 10 units/acre with PUD), and more. Surrounded by major national retailers such as Target, Walmart, ALDI, McDonald's, Panera, Texas Roadhouse, Starbucks, and Panda Express, this corridor is the epicenter of Lecanto's commercial expansion. Directly across the street, DR Horton is developing 957 new homes and more than 30 acres of planned commercial space. Additional large-scale residential developments-including Metro Development's 4,933-unit master-planned community and Citrus Hills' Davos Reserve-are driving strong demand for retail, services, and medical facilities. Located just one mile from the Suncoast Parkway (589) and 55 miles from Tampa International Airport, the property is positioned for long-term growth within the Tampa-St. Petersburg MSA. Excellent demographics with more than 66,000 residents within 15 minutes. Ideal for developers seeking a high-visibility, high-growth location suitable for a variety of commercial or mixed-use concepts.
MLS# 850121

Courtesy Of Century21 J.W. Morton Real Estate, Inc

(352) 726-6668

Property Features

  • Lot Size
    2.74 Acres

Map and Directions

Directions to 3228 & 3164 W Laurel Street, Lecanto, FL 34461

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.