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Property profile & analytics
OFF-MARKET
Land

0 Norvell Bryant Hwy Lecanto, FL 34461

17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 17-acre commercial land parcel presents a remarkable investment opportunity in Lecanto, Florida. Located on West Norvell Bryant Highway in Citrus County, this property boasts a General Neighborhood Commercial (GNC) zoning designation. An approved Planned Unit Development (PUD) allows for the construction of up to 86,000 square feet of commercial space, along with up to five outparcels, as detailed in the site plan. The strategic location offers unparalleled convenience, situated minutes from established residential communities such as Black Diamond Ranch, Citrus Hills, and Pine Ridge Developments. This ensures a strong and readily available customer base. The area already features a robust selection of national retailers including Walmart, Mavis Tire, Caliber Car Wash, McDonald's, Wendy's, Wawa, Culver's, Tidal Wave, Panda Express, and Glory Days Grill. Furthermore, the area is experiencing significant growth with several retailers slated to open soon, including Target, Hobby Lobby, PetSmart, Aldi, Panera Bread, 7-Eleven, Texas Roadhouse, Express Oil Change & Tire Engineers, and Starbucks. The proposed development of additional retailers such as AT&T, Marco's Pizza, Five Guys, Firehouse Subs, Arby's, and Sketchers further underscores the area's burgeoning commercial potential. This property offers a unique blend of immediate access to existing infrastructure and the promise of future growth, making it an ideal investment for developers and entrepreneurs seeking a prime location in a thriving market. The 34461 zip code provides easy access to major roadways and a strong local economy.

Property profile
Verified
Property type Land
Lot 17 ac (740,520 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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