Search
Shovel-Ready Commercial Corner Lot
For Sale
$1,000,000

4038 N Modelwood Drive, Beverly Hills, FL 34465

LAND - Beverly Hills, FL

Property SizeContact for details
Lot Size1.74 Acres
Days on Market1568

Property Features for 4038 N Modelwood Drive

General Information

Property type Land
Property subtype Other
Zoning GNC
Subdivision Not on List
Lot features Cleared, Flat
Directions Just off N Lecanto Hwy.
Standard status Active
APN 3149380
Lot size 1.74 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description MODELWOOD PARK PLAZA PB 18 PGS 96-97 LOT 3 TITLE IN OR BK 2038 PG 1571 AND GRANT OF APPURTENTANT EASE IN OR BK 2159 PG 1516
Tax Annual Amount 8881
Legal Description MODELWOOD PARK PLAZA PB 18 PGS 96-97 LOT 3 TITLE IN OR BK 2038 PG 1571 AND GRANT OF APPURTENTANT EASE IN OR BK 2159 PG 1516

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Century 21 J.W.Morton R.E. · Century 21 Real Estate
Listed By: Elias G Kirallah · License #3123414
Added: Apr 22, 2022 Changed: Jul 23 Last Checked: Aug 6 at 7:06PM
MLS# 811657

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Shovel-ready cleared commercial land offered as a corner lot at the southwest corner of the Golden Gate development in Beverly Hills, Florida. The site is positioned for a range of commercial uses under the GNC zoning designation, including general retail, medical or professional offices, automotive services, and gas station/C-store and QSR concepts with drive-thru. Offsite retention access is described as available to support maximum lot utilization, and city water and sewer lines are stated as already in place.

The property is located at a signalized intersection and is described as having visibility with over 195 feet of highway frontage along Hwy 491, with convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. The offering is presented as part of a growing retail and services area, with nearby established businesses including Walgreens, Advance Auto Parts, and a new Pizza Hut with drive-thru.

An adjacent lot (Lot 2) is available for separate purchase or potential assemblage, as described in the listing materials.

Key Highlights

  • 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.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Real Estate Agency Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 34465, FL

17,960
Population
9,466
Households
1.9
Avg Household Size
58
Median Age
22%
College-Educated
92%
High-School Grad
24.3 sq mi
ZIP Area
739
Density / Sq Mi
$55,513
Median Household Income
$32,536
Median Earnings
$1,146
Median Rent
$233,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Cleared commercial corner site at a signalized intersection with zoning allowing multiple retail, office, automotive, and QSR uses.
Where is this commercial land located?
The property is located at 4038 N Modelwood Drive 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message