Technical
Financial
Distress signals
Property profile

3132 Gulf To Lk Hwy Lecanto, FL 34461

OFF-MARKET
Commercial land
Property ID
US18-3540491
4.78 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property is a 4.78-acre site in Citrus County with 600 feet of frontage along Gulf to Lake Highway (State Road), near the intersection of SR 491 and Lecanto Highway, approximately under three miles from the Suncoast Parkway. It has frontage on a roadway with an indicated daily traffic count of about 26,000 vehicles. Zoning is split by area: the front 2.6 acres are zoned General Neighborhood Commercial (GNC) and the back 2.18 acres are zoned Low Density Residential (LDR). The GNC portion supports a variety of commercial uses, including retail plazas and services (such as nail salons, coffee shops, and insurance offices), drive-through facilities (including restaurants and potentially EV charging stations), medical or professional offices, financial institutions, assisted living or memory care facilities, car washes, and hotels, while the LDR portion supports low-density residential use. The site is positioned in the Lecanto/Inverness/Crystal River area, with nearby commercial development and growing residential communities, including Black Diamond Ranch, Terra Vista, Davis Reserve, and the planned Crystal Ridge development, which is expected to include residential units and associated retail/out-parcel areas in the vicinity.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.78 ac (208,217 SF)
Zoning code GNC GEN COMMERCIAL
APN 18E-19S-04-0100-009.0
UPID US18-3540491

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3132 Gulf To Lk Hwy Lecanto, FL 34461-9210
Lecanto metro Census 451400 HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2026
2 recorded transactions
2026
$700,000
2022
Price N/A

Zoning & alternative use

GNC GEN COMMERCIAL · Lecanto, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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