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    3228 W Laurel St Lecanto, FL 34461

    For Sale
    $895,000

    LAND - Lecanto, FL

    Lot size:
    2.74 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 3228 W Laurel St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    GNC,LDR
    APN
    1502772
    Lot size
    2.74 Acres

    Utilities

    Sewer type
    Public Sewer
    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 20, 2025

    MLS# 850121 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 Commercial Corner in Lecanto

    This 2.74-acre commercial corner is located in the Central Ridge District of Citrus County. The cleared, development-ready site has 270' of frontage on CR 491 (Lecanto Hwy) and additional frontage on W Laurel St, two blocks from the signalized SR 44 intersection. Full median access allows unrestricted ingress and egress for north- and southbound traffic. Zoned GNC/LDR, the property supports a range of uses including retail, medical office, restaurant with drive-thru, automotive, hotel, and multifamily (up to 10 units/acre with PUD). The property is surrounded by major national retailers such as Target, Walmart, ALDI, McDonald's, Panera, Texas Roadhouse, Starbucks, and Panda Express. DR Horton is developing 957 new homes and more than 30 acres of planned commercial space directly across the street. Additional large-scale residential developments, including a 4,933-unit master-planned community and Citrus Hills' Davos Reserve, are driving demand for retail, services, and medical facilities. Located one mile from the Suncoast Parkway (589) and 55 miles from Tampa International Airport, the property is positioned for growth within the Tampa-St. Petersburg MSA. The area has demographics with more than 66,000 residents within 15 minutes. The property is suitable for a variety of commercial or mixed-use concepts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.487243
    Latitude
    28.848747

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    FAQs

    What type of property is this?
    Commercial land - Development-ready 2.74-acre commercial land in a high-growth area.
    Where is this commercial land located?
    The property is located at 3228 W Laurel St Lecanto, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Prime commercial corner location in the rapidly growing Central Ridge District of Citrus County.; - High visibility with 270' frontage on CR 491 (17,800 AADT) and frontage on W Laurel St, near SR 44 intersection (25,500 AADT).; - Zoned GNC/LDR, supporting a wide range of uses including retail, medical, restaurant, hotel, and multifamily.
    (352) 726-6668
    Request Owner's contact information
    3228 W Laurel St Lecanto, FL 34461
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    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
    3228 W Laurel St Lecanto, FL 34461
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