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    8123 S Lecanto Hwy Lecanto, FL 34461

    New
    For Sale
    $3,900,000

    SINGLE_FAMILY - Lecanto, FL

    Type:Retail
    Lot size:
    37.33 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 8123 S Lecanto Hwy

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Crops
    Zoning
    AGRM,GNC
    APN
    3520661
    Parking features
    Driveway
    Interior features
    Fireplace, HighCeilings, InLawFloorplan, StoneCounters, UpdatedKitchen, FrenchDoorsAtriumDoors, SlidingGlassDoors
    Exterior features
    Landscaping, RainGutters, CircularDriveway, ConcreteDriveway, PavedDriveway
    Fireplace
    1
    Lot size
    37.33 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2007
    Floors in Building
    1
    Flooring type
    Tile, Concrete, Carpet
    Building materials
    AluminumSiding, Stucco
    Roof type
    Metal
    Additional Structures
    Barn(s)

    RE/MAX Realty One (352) 795-2441 [email protected]

    Listing agent Laura Bush PA (352) 795-2441 License #3373760

    Listing date Dec 1, 2025

    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

    Lecanto Multi-Building Acreage Opportunity

    This 37.33-acre property in Lecanto, Florida, presents a rare opportunity with multiple buildings and varied uses. Zoned GNC (11.37 acres) and AGRMH (25.96 acres), the property includes a fully equipped commercial restaurant totaling 8603 square feet, an elegant event venue totaling 9586 square feet, and a primary residence totaling 9312 square feet. Additional structures include a detached 2000-square-foot garage/workshop, a contractor trailer, a storage rig, and a pole barn. Over 20 acres of the property once operated as a blueberry farm with 64 rows, irrigated by a diesel well with a turbine gear drive motor. The irrigation system pumps 2300 gallons per minute, powered by a 3406 CAT engine connected to a 12-inch well pump. The property is bordered on two sides by the State Forest, with 1268 feet of frontage along Highway 491, and is located less than 5 miles from the Suncoast Parkway. Citrus County is expanding its infrastructure to accommodate an expected influx of over 30,000 new residents by 2030.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cavallo Farm & Market Farmers' Market

    Suggested Use

    Realty agency Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.449491
    Latitude
    28.744294

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    FAQs

    What type of property is this?
    Conventional restaurant - 37.33 acres with restaurant, venue, residence, and agricultural potential.
    Where is this conventional restaurant located?
    The property is located at 8123 S Lecanto Hwy Lecanto, FL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - 37.33 acres zoned GNC and AGRMH, offering varied use possibilities.; - Includes a fully equipped Commercial Restaurant, Elegant Event Venue, and Massive Primary Residence.; - Prime location in Citrus County, which is primed for growth.
    (352) 795-2441
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    8123 S Lecanto 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
    8123 S Lecanto Hwy Lecanto, FL 34461
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