Grover Cleveland Commercial Property

Vacant Land for Sale
Catylist Listing ID: 30749976
Property Subtypes: Hospitality, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 6.82 Acres
Sale Price: $380,000
Unit Price: $55,718 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/15/2021

Overview / Comments

Just moments away from the arterial Suncoast Boulevard are just shy of (7) acres of General Commercial property. Highlights include 475' of Grover Cleveland frontage whose traffic count is expected to dramatically increase from its current count of 5,900 due to the Suncoast Parkway extension. The construction site that is scheduled to be completed in early 2022 will be a short 5 minute drive from the subject location allowing for mass exposure from the influx of new business and traffic from the Tampa area. Currently this area benefits from numerous natural tourist attractions such as the Homosassa Springs Wildlife State Park and the Homosassa River.

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Taxing Authority: Citrus County Tax Collector
Tax ID/APN: 17E19S220010 00400 0010
Zoning: GNC
Property Located Between: S Ohio Ave./S Centennial Ave.
Property Visibility: Excellent
Legal Description: UNIT 1 OF HOMOSASSA LOTS 1, 2, 3, 4, 5, 6, 7, 8 & 9 BLK 52 &PT OF ILLINOIS AVE & ALLEYS IN BLKS 40 & 52 DESC IN OR BK 329 PG 712A & OR BK 377 PG 52 &
Largest Nearby Street: US 19
Traffic/Vehicle Count: 5,900
Lot Frontage: 454
Zoning Description: General Commercial

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,388 24,718
Median Age: 50.34 53.75
Households: 5,891 11,235

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