Catylist ID:
#30184291
5.98+- ac for Professional Office in Lecanto
Vacant Land
for Sale
| Catylist Listing ID: | 30184291 |
| Property Subtypes: | Office |
| Gross Land Area: | 5.98 Acres |
| Sale Price: | $500,000 |
| Unit Price: | $83,612 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/17/2021 |
Overview / Comments
|
PROPERTY DESCRIPTION The opportunity is to develop two parcels located at 3768 and 4134 W. Norvell Bryant Highway, Lecanto, Citrus County. One parcel is located at 4134 W. Norvell Bryant Highway and consists of 34.79 acres The 2nd parcel is located at 3768 W Norvell Bryant Highway and consists of 5.98 acres with off-site retention. There are leases on both parcels for the billboards that can be terminated upon sale or development. There are utilities along the frontage of Norvell Bryant Highway to support the type of development the land is now zoned for. LOCATION DESCRIPTION The parcels are located on the south side of W. Norvell Bryant Highway (also known as CR486) in Lecanto, Citrus County, FL. There is a new Walmart Supercenter located less than a mile to the east of the subject properties on the south west corner of W. Norvell Bryant Highway & N Lecanto Highway. Crystal River is located less than 6 miles to the east, Brooksville is located approximately 24 miles to the south, The Villages are located approximately 30 miles to the east and Ocala is approximately 30 miles to the northeast. PROPERTY SIZE 34.79+/- Acres - Parcel ID 3477179 5.98+/- Acres - Parcel ID 3460549 ZONING 34.79+/- Acre Parcel: Professional/Service/Office (PSO) for 9.1+/- Acres along W Novell Bryant Highway; Medium Density Residential (MDR) for 5.9+/- Acres & Low Density Residential (LDR) for the remaining 19.79+/- Acres. 5.98+/- Acre Parcel: Professional/Service/Office (PSO) PRICE $2,000,000 - 34.79+/- Acre Parcel $500,000 - 5.98+/- Acre Parcel This listing has a variable rate commission. |
Additional Details
| Nearest MSA: | Homosassa Springs |
| County: | Citrus |
| Tax ID/APN: | 18E18S28 44000 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,916 | 21,208 | 42,936 |
| Median Age: | 64.29 | 53.52 | 55.27 |
| Households: | 903 | 9,677 | 19,188 |
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