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Beverly Hills Commercial Development Land

N Modelwood Drive Beverly Hills, FL 34465

N Modelwood Drive, Beverly Hills, FL, 34465
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For Sale
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Pending

1.9+ acre commercial land in Citrus County's growth corridor.

Lot Size1.94 Acres
Days on Market629

Property Features for N Modelwood Drive

General Information

Standard status
Pending
Lot size
1.94 Acres
Property subtype
Land
Listing Agency Century 21 J W Morton Real Estate Inc
Listed by Elias George Kirallah · License #BK3123414
Source Crexi
Added: Oct 31, 2024 Updated: Jul 6 at 7:43 am Checked: Jul 19 at 8:20 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 J W Morton Real Estate Inc


Investment Insights

Based on property information with market context.

This 1.94-acre commercial property is located in the Golden Gate development in Beverly Hills, Florida. Zoned for diverse commercial uses, including quick-service restaurants with drive-thru, automotive services, general retail, and medical or professional offices, the site is part of a growing area with established businesses such as Walgreens, Advance Auto Parts, and a new Pizza Hut with drive-thru. The property features over 195 feet of highway frontage along Hwy 491 and access via the signalized intersection at N Modelwood Drive and Hwy 491. Multiple points of entry, including three from CR 491 and two from N Modelwood Drive, provide connectivity to adjacent parcels through a cross-access service road, with both front and rear access to the parcel. The site is 2.8 miles north of the Central Ridge regional shopping district, near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, and Panera Bread. The cleared site is ready for development and has access to offsite retention for maximum lot utilization, with city water and sewer lines in place. Shared signage will enhance visibility. The location is near a customer base of 46,361 residents with an average age of 58 and a median household income of $65,000, and is close to Floral City, Lecanto, Crystal River, and Homosassa. Citrus County's Land Development Code allows for an estimated population of 350,000. The property is positioned to benefit from the Suncoast Parkway extension and future expansions.

Key Highlights

  • Prime commercial development opportunity with 1.94 acres in a high‑growth area of Citrus County.
  • Excellent highway frontage (435') and visibility on Hwy 491, with multiple access points and a signalized intersection.
  • Zoned for diverse commercial uses including QSR with drive‑thru, retail, automotive, and medical/professional offices.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 1.9+ acre commercial land in Citrus County's growth corridor.
Where is this commercial land located?
The property is located at N Modelwood Drive Beverly Hills, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime commercial development opportunity with 1.94 acres in a high‑growth area of Citrus County.; Excellent highway frontage (435') and visibility on Hwy 491, with multiple access points and a signalized intersection.; Zoned for diverse commercial uses including QSR with drive‑thru, retail, automotive, and medical/professional offices.
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