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    4038 N Modelwood Dr Beverly Hills, FL 34465

    For Sale
    $1,000,000

    LAND - Beverly Hills, FL

    Lot size:
    1.74 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 4038 N Modelwood Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    GNC
    APN
    3149380
    Lot size
    1.74 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

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

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

    Listing date Nov 11, 2025

    MLS# 811657 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 Ready

    This 1.74-acre commercial corner lot is located at a signalized intersection in the Golden Gate development in Beverly Hills, Florida. Zoned GNC, the site is suitable for various commercial uses, including gas stations, convenience stores, quick-service restaurants with drive-thrus, automotive services, general retail, and medical or professional offices. The property benefits from its location in a thriving development alongside established businesses such as Walgreens, Advance Auto Parts, and a new Pizza Hut with a drive-thru. Offering over 195 feet of highway frontage on Hwy 491 and access via the signalized intersection at N Modelwood Drive, the property provides excellent visibility. The location is 2.8 miles north of the Central Ridge regional shopping district, near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, and 7-Eleven. The site is cleared and ready for development, with access to offsite retention and city water and sewer lines in place. Shared signage will enhance the visibility of businesses. Lot 2, adjacent to this property, is also available for separate purchase, offering an opportunity to combine the parcels for a total of 4.6 acres.
    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
    Beverly Hills
    County
    Citrus
    State
    Florida
    Longitude
    -82.466819
    Latitude
    28.922001

    Nearby Similar for Sale

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      Prime Commercial Opportunity in Beverly Hills

      Commercial building with retail units and flexible layout on 0.44 acres.
      1 Beverly Hills Blvd, Beverly Hills, FL 34465
      View Details
    • $1,365,000
      4.60 Acres

      Prime Commercial Corner Shovel Ready

      Shovel-ready commercial land in Citrus County's growth corridor.
      4115 N Bartley Ter, Beverly Hills, FL 34465
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.74-acre commercial land in a high-growth area.
    Where is this commercial land located?
    The property is located at 4038 N Modelwood Dr Beverly Hills, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime commercial corner lot at a signalized intersection in a high-growth area.; - Shovel-ready site with utilities (city water and sewer) in place and access to offsite retention.; - High visibility with 195 feet of highway frontage on Hwy 491.
    (352) 726-6668
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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
    4038 N Modelwood Dr Beverly Hills, FL 34465
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