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Magnolia Homes and Land , LLC
2798 W Norvell Bryant Highway, Lecanto, FL 34461
- $1,325,000
- List Price
- $1,325,000
- Status
- Active
- Days on Market
- 2
- MLS#
- OM734174
- Lot Size
- 61,696
- Acres
- 1.42
- Total Acreage
- 1 to less than 2
- Legal Subdivision Name
- Crystal River Ctry Estates
- MLS Area Major
- Lecanto
Property Description
The subject property is located in Lecanto, FL at the SE corner of CR 486 and Crooked Branch RD, offering 1.42 acres of prime commercial opportunity. The property has easement rights for storm water runoff in the Citrus County Storm Sewer system, with a maximum 70% impervious surface ratio and discharge of 1.26 AC-FT volume of water discharge. Situated just off the busy intersection of CR 491 and CR 486, the subject property is adjacent to WaWa at the South East corner of Crooked Branch Road and a 24' curb cut provided and paid for by Citrus County on CR 486. The hub of retailers, such as Walmart, McDonalds, WaWa, Circle K, and Wendy's, is in close proximity, providing access to a popular retail/service area. The subject property offers 290' of road frontage and ingress/egress via CR 486, with connecting drive access to WaWa, and direct access to CR 491. It also benefits from a full median cut from the East and West on CR 486, resulting in a combined traffic count of 18,400 TPD due to its intersecting roads. Just a few miles south of this major area is Citrus County's medical corridor, serving residents from surrounding communities like Terra Vista, Pine Ridge, Black Diamond Ranch, and Beverly Hills. Additionally, the subject property is within a 5-mile radius of the newly opened Suncoast Parkway, a $135 million project that indicates the potential for population growth, demand for services, and retail establishments. This prime commercial corner is an excellent site for QSR, carwash, automotive, and retail development. Bring your shovel and site plan to take advantage of this wonderful opportunity pending municipal approval.
Additional Information
- Taxes
- $2017
- Community Features
- No Deed Restriction
- Zoning
- PSO
- Utilities
- Water Available
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 18E-18S-22-0010-00000-1400
- Legal Description
- CRYSTAL RIVER COUNTRY ESTS PB 7 PG 147 LOTS 140 & 141 -- LESS OR BK 2332 PG 2196 ORDER OF TAKING CO RD 486 PARCEL 505: BEG AT THE NW CORN OF LOT 140 SD PT ALSO LYING ON THE S EXISTING R/W LINE OF CO RD 486 (NORVELL BRYANT HWY) AND THE E EXISTING R/W LINE OF CROOKED BRANCH RD (CRYSTAL RIVER COUNTY ESTS) TH N 89D 53M 43S E AL SD S EXISTING R/W LINE OF CO RD 486 AND THE N LINES OF LOTS 140 & 141 SD CRYSTAL RIVER COUNTRY ESTS A DIST OF 290.26 FT TO THE E LINE OF SD LOT 141 TH DEPARTING SD S EXISTING R/W LINE AND SD N LOT LINES RUN S 0D 18M 53S W AL SD E LOT LINE A DIST OF 50 FT SD PT LYING 50 FT S'LY OF WHEN MEAS PERP TO THE AFOREMENTIONED S EXISTING R/W LINE AND N LOT LINES TH DEPARTING SD E LOT LINE RUN S 89D 53M 43S W PAR WITH SD S EXISTING
Listing courtesy of CENTURY 21 J.W.MORTON R.E.. 352-726-6668
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