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
FOR SALE
Commercial land

3323 W Gulf To Lake Hwy Lecanto, FL 34461

18.09 ac lot
Entity Owned 22-yr Hold Free & Clear
Property ID
US18-5090677
3323 W Gulf To Lake Hwy, Lecanto, FL 34461 For Sale
$9,995,000
3323 W Gulf To Lake Hwy, Lecanto, FL 34461
View Listing →
Property summary
AI-generated overview

This exceptional 18.09-acre commercial land parcel presents a remarkable development opportunity in Lecanto, Florida's rapidly expanding Citrus County. Strategically located at the highly visible northwest corner of Gulf to Lake Highway 44 and County Road 491, this hard-lighted corner lot boasts significant frontage: approximately 580 linear feet on Highway 44 and over 1,200 feet on County Road 491. Its General Commercial (GNC) zoning allows for a wide range of uses, making it ideal for a major retail plaza or other commercial developments. The property's prime location offers easy access to both major roadways and benefits from proximity to established amenities, including the renowned Black Diamond Golf Resort and Plantation Resort & Hotel. Furthermore, significant development is underway in the immediate vicinity, including a planned 800+ residential unit development across Highway 44 and a master-planned commercial, office, and residential campus across County Road 491. This presents a unique opportunity to capitalize on the area's growth trajectory. The property's APN is 18E19S04 24100. The seller is open to exploring various transaction structures, including long-term land leases, subdivision options, or an outright sale. Owner financing with a 50% down payment may be considered. This is the last remaining hard-lighted corner parcel in Lecanto, representing a truly unparalleled investment opportunity. The asking price is $9,995,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 18.09 ac (788,000 SF)
Zoning code GNC GEN COMMERCIAL
APN 18E-19S-04-24100
UPID US18-5090677
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lindmark Corp · 22 yrs held
Lindmark Corp
since 2004
1 recorded transaction
2004
$1.2M
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?”
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