Address: 271 Gulf To Lake Highway, LECANTO, FL 34461
Description
Stop! Dont Miss Out! This signalized double corner commercial property of 2.42 acres features 163 feet of road frontage on SR44/E Gulf to Lake Hwy (27,900 AADT) and 537 feet on S Highview Avenue. Zoned GNC Commercial, this property permits a variety of commercial uses, including retail, office, restaurants, sit down, and drive thru options, among others. Within 5 miles of the property, youll find a retail hub with Walmart, TJ Maxx, Lowes, and several restaurants and quick service options. Located at the entrance of The Villages of Citrus Hills, Pine Ridge, Crystal Oaks, and Black Diamond, the property provides access to flourishing populations in Floral City (7.8 miles), Lecanto (8.8 miles), Beverly Hills (11.5 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles).
With the recent expansion of the Suncoast Parkway and future extensions, Citrus County is poised for historic growth in the Tampa MSA. Just a 15 minute drive from the property, an ideal customer base of 46,361 residentswith an average age of 58 and a median household income of $65,000awaits. Strong market consumer expenditures reveal that 66% of residents dine at restaurants or steakhouses, and 89% frequent fast food establishments. Additionally, with a median age of 58, the area population has spent over $106 million on healthcare services.
As part of Citrus County, currently home to 153,600 residents, the area is projected to experience exponential growth, reaching an estimated 350,000 residents under Citrus Countys Land Development Code by 2030. Positioned within TampaSt. PetersburgClearwater MSA, ranked as the 18th largest in the U.S., Citrus County is emerging as one of the nations premier real estate markets.
Stop! Dont Miss Out! This signalized double corner commercial property of 2.42 acres features 163 feet of road frontage on SR44/E Gulf to Lake Hwy (27,900 AADT) and 537 feet on S Highview Avenue. Zoned GNC Commercial, this property permits a variety of commercial uses, including retail, office, restaurants, sit down, and drive thru options, among others. Within 5 miles of the property, youll find a retail hub with Walmart, TJ Maxx, Lowes, and several restaurants and quick service options. Located at the entrance of The Villages of Citrus Hills, Pine Ridge, Crystal Oaks, and Black Diamond, the property provides access to flourishing populations in Floral City (7.8 miles), Lecanto (8.8 miles), Beverly Hills (11.5 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles).
With the recent expansion of the Suncoast Parkway and future extensions, Citrus County is poised for historic growth in the Tampa MSA. Just a 15 minute drive from the property, an ideal customer base of 46,361 residentswith an average age of 58 and a median household income of $65,000awaits. Strong market consumer expenditures reveal that 66% of residents dine at restaurants or steakhouses, and 89% frequent fast food establishments. Additionally, with a median age of 58, the area population has spent over $106 million on healthcare services.
As part of Citrus County, currently home to 153,600 residents, the area is projected to experience exponential growth, reaching an estimated 350,000 residents under Citrus Countys Land Development Code by 2030. Positioned within TampaSt. PetersburgClearwater MSA, ranked as the 18th largest in the U.S., Citrus County is emerging as one of the nations premier real estate markets.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Land Information
Lot Features: Corner Lot
Garage and Parking
Garage Spaces: 0.00
Eco-Communities
Water Source: Well Required
Utilities
Carport Spaces: 0.00
Road Frontage Type: Highway
Sewer: Septic Needed
Utilities: Electricity Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Country: US
Current Use: Commercial
Legal Description: NEW MAYFIELD ACRES 1ST REPLAT PB 12 PG 136 TRACT A 1995 LESS OUT: OR BK 1035 PG 147(PT OF 90000-1540)
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Stop! Dont Miss Out! This signalized double corner commercial property of 2.42 acres features 163 feet of road frontage on SR44/E Gulf to Lake Hwy (27,900 AADT) and 537 feet on S Highview Avenue. Zone
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