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    2853 W Norvell Bryant Hwy Lecanto, FL 34461

    For Sale
    $4,250,000

    LAND - Lecanto, FL

    Lot size:
    3.57 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 2853 W Norvell Bryant Hwy

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    PSO
    APN
    1489482
    Lot size
    3.57 Acres

    Utilities

    Water source
    Public

    Century21 J.W. Morton Real Estate, Inc (352) 726-6668 [email protected]

    Listing agent Elias Kirallah (352) 726-6668 License #3123414

    Listing date Nov 7, 2025

    MLS# 841699 Listing URL

    Copyright © 2025 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Development Opportunity

    This multi-parcel land development opportunity is situated in the Central Ridge District of Citrus County, Florida. The property consists of three parcels totaling 3.57 acres: Lot 19 (1.24 acres, 150' x 350' corner lot), Lot 20 (1.24 acres, 150' x 350'), and Lot 21 (1.09 acres, 215' x 350'). The site is located within the region's largest national retail hub expansion and is surrounded by retailers such as Target, ALDI, Walmart, McDonald's, Panda Express, Texas Roadhouse, Panera, and Starbucks. The property has direct access to county utilities, including sewer. Zoned under the PSO Commercial district (Citrus County Ch. 2 LDC), it allows for 70% lot coverage and a variety of permitted uses such as professional and medical offices, emergency rooms, regional hospitals, retail, dine-in and drive-thru restaurants, hospitality, pharmacies, medical marijuana treatment centers, assisted living facilities, and multifamily developments of up to 10 units per acre. Located at the northwest corner of CR 486/W Norvell Bryant Hwy and N Crookedbranch Drive, the property offers over 510 feet of frontage with full ingress and egress via a median cut.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.481837
    Latitude
    28.893143

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    FAQs

    What type of property is this?
    Commercial land - 3.57 acres in a high-traffic retail hub.
    Where is this commercial land located?
    The property is located at 2853 W Norvell Bryant Hwy Lecanto, FL.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Prime location in the Central Ridge District, within the region's largest national retail hub expansion.; - Surrounded by major retailers creating strong retail synergy and high consumer traffic.; - Zoned PSO Commercial, allowing for 70% lot coverage and a wide range of permitted uses.
    (352) 726-6668
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    2853 W Norvell Bryant Hwy Lecanto, FL 34461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2853 W Norvell Bryant Hwy Lecanto, FL 34461
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