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    299 Gulf To Lake Hwy Lecanto, FL 34461

    For Sale
    $875,000

    Spacious remodeled office, high visibility, 2.73 acres.

    Property size:
    7,254 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 7,254 square foot commercial building presents a unique investment opportunity in Lecanto, Florida. Strategically positioned between Inverness and Crystal River, this newly remodeled property enjoys a highly visible location on a substantial 2.73-acre lot with ample highway frontage and designated parking. The expansive interior boasts a flexible open floor plan, ideal for a variety of commercial uses. Currently configured with a large ballroom/open space, a fully equipped kitchen facility, a cocktail lounge, and a dedicated meeting hall, the building is perfectly suited for businesses requiring versatile and well-appointed space. Potential uses are numerous and include, but are not limited to, fraternal organizations, restaurants, nightclubs, banquet facilities, automotive businesses, machinery operations, and healthcare providers. The property's central location within Citrus County offers easy access to major transportation routes and essential amenities, making it an attractive proposition for businesses seeking to capitalize on the area's projected growth and the burgeoning real estate market within the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area. The significant acreage and highway visibility ensure high traffic and excellent brand exposure. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving location. The asking price is $875,000.

    Property Features for 299 Gulf To Lake Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,254 SF
    Lot Size
    118,919 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Colon image Image Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.42956
    Latitude
    28.85863

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious remodeled office, high visibility, 2.73 acres.
    Where is this office property / space located?
    The property is located at 299 Gulf To Lake Hwy Lecanto, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    (352) 726-6668
    Request Owner's contact information
    299 Gulf To Lake Hwy 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
    299 Gulf To Lake Hwy Lecanto, FL 34461
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