0 Norvell Bryant Hwy Lecanto, FL 34461
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.