352-422-1221
1449 North Lecanto Hwy (CR 491), Lecanto, FL for Sale
Commercial LAND - FOR SALE
1/11
636,847 SF

1449 North Lecanto Hwy (CR 491)
Lecanto, FL 34461


HIGHLIGHTS

  • Located nearby a rapidly expanding development of retail and residential properties. Located near the Suncoast Parkway exit at CR 486.
  • Median cut with left and right turn lanes is being built as part of the CR 491 road widening project that will be completed the end of 2025.
  • Consists of 14.62 acres of pastureland zoned GNC (Commercial).
  • The median is eligible to have a proposed traffic signal installed when cross-traffic reach volumes to warrant it.
  • Parcel has 1,103 feet of frontage on CR 491 (North Lecanto Hwy).
  • Owner is seeking ground lease tenants - either Big Box retailers or will subdivide for smaller out parcels.

OVERVIEW

Citrus County is located on the northwest central coast of Florida. As of the 2020 census, the population was 153,843. It is part of the Homosassa Springs, Florida Metropolitan Statistical Area. With the completion of Phase 1 of the Suncoast Parkway to SR 44 in 2022, Citrus County has experienced significant retail and residential growth. The CR 486/CR 491 corridor has rapidly developed in the last two years. The expected completion of Phase 2 of the Suncoast Parkway to CR 486 in 2026 will increase the attractiveness of this area to commuters. It is conveniently positioned on the Gulf Coast of Florida, 75 miles north of Tampa and 78 miles west of Orlando. This property is located near the intersection of CR 486 and CR 491. Over the last two years, the area within a half-mile radius of the CR 486/CR 491 intersection experienced rapid retail growth. Join retailers Target, Walmart, Hobby Lobby, Aldi, Skechers, McDonald's, Pet Smart, Mavis Tire, Culver’s Texas Roadhouse, Five Guys, Panera, Starbucks, Panda Express, WAWA, Wendy’s, Glory Days Grill, and 7-Eleven. Other retailers are in the process of development and include BJ's Warehouse, Sprouts Farmer's Market, Chipotle, Arby's, Planet Fitness, America's Best Eyeglasses, Five Below, KFC, Taco Bell, Firehouse Subs, AT&T, Skechers, Planet Fitness, Five Below, Express Oil Change, Florida Credit Union, and Quick Care Medical. DBTG is the owner of a 14.62-acre parcel zoned GNC (Commercial) on CR 491 (North Lecanto Highway with the Property Appraiser’s reference of Altkey 3526672. Citrus County is expanding CR 491 to 4 lanes, and the project is expected to be completed by the end of 2025. The parcel is pastureland, and the road widening project will be constructing a median cut with left and right turn lanes at the entrance to the site. The site qualifies for a traffic signal once cross-traffic counts warrant it. The site is ideal for a single big box tenant or multiple out parcels. The owner is seeking NNN ground leases.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

DBTG Plaza

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Retail Warehouse, Strip Center

LAND ACRES

14.62 AC

LAND SF

636,847 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

GNC

APN/PARCEL ID

AK 3526672

ASK ABOUT THIS PROPERTY

Ted DeeleyDBTG Enterprises LLCMore Info
352-422-1221

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Ted DeeleyDBTG Enterprises LLCMore Info
352-422-1221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.