Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Modelwood Dr, Beverly Hills, FL 34465

    1.17 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional offering presents four remaining commercial land parcels within the thriving Golden Gate development in Beverly Hills, Florida. Situated on N Modelwood Dr, these pad-ready sites range from 1.17 to 2.83 acres and are zoned for diverse commercial uses, including professional/medical offices and various retail establishments. Each lot benefits from access to central water and sewer, on-site retention maximizing usable space, and convenient access via multiple curb cuts on CR 491 (Lecanto Highway) and Modelwood Drive. The development features interconnected common areas and shared parking, ensuring seamless integration and accessibility. The strategic location in Citrus County provides excellent connectivity to major arterial highways such as CR 486, SR 44, US 41 N, SR 200, and the 589 Toll Road, placing the property within easy reach of a substantial consumer base and major transportation routes. The area boasts a strong retail presence, including national brands like Lowe's, Walmart, Publix, and Winn-Dixie. The property is part of an approved Master Plan Development, offering shared amenities and infrastructure. The Citrus County Land Development Code allows for a wide range of commercial uses under GNC (General Neighborhood Commercial) and PSO (Professional Service Office) zoning, with potential for up to 325,957 square feet of development. This prime location, coupled with the area's robust growth trajectory and proximity to the recently expanded Suncoast Parkway (reducing commute times to the Tampa-St. Petersburg MSA), presents a compelling investment opportunity. The asking price for the entire assemblage is $2,856,000. Individual lot pricing varies. APN numbers include 3320683, 3524112, 3524113, 3524114, 3524115, 3524116, and 3149380. Ownership is fee simple.

    Property profile
    Verified
    Property type Land
    Lot 1.17 ac (50,965 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Modelwood Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message