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Signalized Commercial Land Corner
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 Market1583

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: Aug 19 Last Checked: Aug 21 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.

This 1.74-acre commercial land parcel is cleared and positioned at the southwest corner of a signalized intersection within the Golden Gate development. Zoned GNC, the site is identified for commercial applications that include gas station and convenience store operations, quick-service restaurants with drive-thru service, automotive services, general retail, and medical or professional offices. Public water and public sewer are available, and offsite retention supports site planning.

The property has over 195 feet of frontage along Hwy 491, with access at N Modelwood Drive and Hwy 491. It is located 2.8 miles north of the Central Ridge regional shopping district and within a development that includes Walgreens, Advance Auto Parts, and Pizza Hut. Shared signage is also planned for businesses on the property.

Key Highlights

  • 1.74‑acre commercial land parcel
  • Over 195 feet of highway frontage along Hwy 491
  • GNC zoning supports multiple commercial use categories

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

447
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 site with public utilities, highway access, and zoning supporting retail, service, restaurant, and office 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: 1.74‑acre commercial land parcel; Over 195 feet of highway frontage along Hwy 491; GNC zoning supports multiple commercial use categories
More about this property
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