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    2712 Norvell Bryant Hwy Lecanto, FL 34461

    For Sale
    $599,369

    Prime 1-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1-acre commercial lot is strategically located at 2712 W Norvell Bryant Hwy in Lecanto, Florida (34461), Citrus County. The property (APN: 18E-18S-22-0010-00000-1750) boasts significant visibility and frontage along W Norvell Bryant Highway, benefiting from an average daily traffic count of 12,500 vehicles. Its commercial zoning allows for a wide range of development opportunities. The location offers easy access to Crystal River, Florida, known as the "Gem of the Nature Coast," renowned for its natural springs and the Crystal River National Wildlife Refuge, a unique opportunity to swim with manatees. This presents a compelling investment opportunity for businesses seeking high visibility and access to a thriving tourist destination. The property's convenient location and high traffic volume make it an ideal site for a variety of commercial ventures. This is a rare opportunity to acquire a prime commercial parcel in a rapidly growing area. Don't miss out on this chance to establish your business in a desirable location with exceptional visibility and access to a wealth of natural attractions.

    Property Features for 2712 Norvell Bryant Hwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Lecanto, FL (34461).
    • High visibility & frontage on W Norvell Bryant Hwy (12,500 ADT).
    • Commercial zoning allows diverse development options.
    • Excellent access to Crystal River & its tourism attractions.
    • Prime location in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.4792971
    Latitude
    28.891965

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at 2712 Norvell Bryant Hwy Lecanto, FL.
    What is the asking price?
    The asking price for this property is $599,369.
    What are key features of this property?
    This property features: 1-acre commercial lot in Lecanto, FL (34461).; High visibility & frontage on W Norvell Bryant Hwy (12,500 ADT).; Commercial zoning allows diverse development options.
    (904) 899-0310
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    2712 Norvell Bryant 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
    2712 Norvell Bryant Hwy Lecanto, FL 34461
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