You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

1723 Lecanto Hwy Lecanto, FL 34461-7550

4,500 SF 1.05 ac lot Built 1974
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-5362989
Property summary
AI-generated overview

This exceptional 3.57-acre commercial development opportunity is ideally situated in Lecanto, Florida, at 1723 N Lecanto Hwy, 34461. The property consists of three adjoining parcels (APN: 18E-18S-22-0010-108.0, 18E-18S-22-0010-109.0, 18E-18S-22-0010-110.0) and is zoned General Commercial (GNC), offering a wide range of development possibilities. Located east of N Lecanto Hwy, this site benefits from high visibility and traffic counts exceeding 6,100 vehicles daily. Its strategic position is further enhanced by its proximity to a Walmart Supercenter and numerous recently completed construction projects, indicating a thriving and expanding commercial area. The property is not located within a flood zone or wetland, simplifying development plans. This presents a unique chance to capitalize on the growth potential of Lecanto, a community experiencing population increase and boasting a blend of outdoor recreation and convenient amenities. The asking price for this exceptional development site is $2,000,000. This represents a significant investment opportunity in a rapidly developing area of Citrus County, Florida. The property's size, zoning, location, and surrounding development make it an attractive prospect for a variety of commercial ventures.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1974
Construction STEEL FRAME
Total area 4,500 SF
Lot 1.05 ac (45,694 SF)
Zoning code GNC GEN COMMERCIAL
APN 18E-18S-22-0010-109.0
UPID US18-5362989
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
Current use
Occupant on record · Public records
  • Bkw Construction General Contractor
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
Clover Rentals LLC · 4 yrs held
Clover Rentals LLC
since 2022
4 recorded transactions
2022
Price N/A
2016
Price N/A
2005
Price N/A
2005
Price N/A
Zoning & alternative use
GNC GEN COMMERCIAL · Lecanto, FL
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 1723 Lecanto Hwy?
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