299 Gulf To Lk Hwy Lecanto, FL 34461-9391
Property profile & analytics
299 Gulf To Lk Hwy, Lecanto, FL 34461-9391
- Individual retail properties
- 7,254 SF
- 2.73 lot acres
Property ID
US19-0876130
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Colon image / Image Consultant
Property Details for 299 Gulf To Lk Hwy
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.73 lot acres
- Zone code
- GNC GEN COMMERCIAL
- Property type
- Individual retail properties
- APN
- 18E-19S-01-0010-000D0-006.0
- APU
- 18E19S010010000D00060
Description
This exceptional 7,254-square-foot retail building in Lecanto, Florida, presents a prime commercial opportunity. Located at 299 E Gulf to Lake Hwy, this single-tenant property sits on a 2.73-acre lot with 68 parking spaces and boasts 297 feet of highway frontage on SR 44. Built in 1978, the building features a 3-phase electrical system and is zoned GNC. The property's open floor plan is highly adaptable, suitable for various uses including restaurants, bars, or QSR establishments. Its previous configuration included a ballroom, kitchen with walk-in refrigeration and hood/fire suppression system, cocktail lounge, and meeting hall. Recent upgrades include a new HVAC system and interior lighting. The property benefits from its location between Inverness and Crystal River, offering access to a substantial customer base within a 5-mile radius, including Citrus Hills. With the expansion of the Suncoast Parkway and projected population growth in Citrus County (estimated to reach 350,000 residents by 2030), this property offers significant long-term investment potential. The area's strong consumer spending on dining and healthcare services further enhances its appeal. Its proximity to key facilities like the Citrus County Courthouse and Citrus Memorial Hospital adds to its strategic advantage within the Tampa-St. Petersburg-Clearwater MSA, the 18th largest in the U.S. The property's two points of ingress and egress ensure convenient access for customers and employees. This is a rare opportunity to acquire a well-located, adaptable commercial property in a rapidly growing market. The APN is 18E19S010010 000D0 0060.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $895,000
- ML approach
- $990,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,180,000
- INDUSTRIAL (GENERAL)
- $990,000
- RESTAURANT
- $980,000
- RETAIL STORES
- $920,000
- AUTO REPAIR, GARAGE
- $730,000
- MEDICAL BUILDING
- $700,000
- APARTMENT HOUSE (5+ UNITS)
- $675,000
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Location Insight
- Map
- Local Demand
- City
- Lecanto
- County
- Citrus
- State
- Florida
- Longitude
- -82.4294
- Latitude
- 28.859
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,731
$196,680
$372,065
$568,745
-
$196,680
$372,065
$568,745
