2716 S Lecanto Hwy Lecanto, FL 34461
- Office buildings
- 1,547 SF
- 3.08 lot acres
Current Use by Public Records
- Michael G Czerwinski Pa / Environmental Program
Property Details for 2716 S Lecanto Hwy
- Year built
- 1963
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.08 lot acres
- Property size
- 1,547 SF
- Zone code
- PSO PROF SERVICES/OFFICE
- Property type
- Office buildings
- APN
- 18E-19S-16-24220
- APU
- 18E19S1624220
Description
Exceptional investment opportunity in Lecanto, FL! This 1,547 sq ft office building sits on a 3.08-acre corner lot, ideally positioned 3.5 miles from the Suncoast Expressway and 2 miles from State Road 44. Benefit from its strategic location between Inverness and Crystal River, an area experiencing significant growth. The property's proximity to Citrus County maintenance buildings and a high concentration of county employees (11,367 within a 1-mile radius, per 2023 census data) ensures high visibility and potential customer traffic. The office features Cat 5 cabling for fast network speeds and a fenced storage area. PSO zoning allows for diverse uses, including office, retail, and public service facilities. Conveniently located near the Citrus County Administrative Building, Health Department, Sheriff's Department, and College of Central Florida. High traffic counts (9,283.50 AADT on nearby Grover Cleveland Blvd) further enhance its appeal. The property currently utilizes septic, but sewer conversion is possible. Potential for sale fully furnished. This presents a unique chance to establish a new business, expand an existing one, or develop a multi-unit facility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $230,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $225,000
- Mixed-Use
- $230,000
- Hospitality
- $220,000
- Educational
- $250,000
- Residential Income
- $200,000
- Energy
- $235,000
- Income-Based Land
- $215,000
- Food Service
- $195,000
Location Insight
- Map
- Local Demand
- City
- Lecanto
- County
- Citrus
- State
- Florida
- Longitude
- -82.4886
- Latitude
- 28.8233
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA