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Property profile & analytics
FOR SALE
Commercial land

4164 W Gulf To Lake Hwy Lecanto, FL 34461

0.39 ac lot
Individually Owned 4-yr Hold Free & Clear
Property ID
US18-2152606
Property summary
AI-generated overview

This exceptional 0.39-acre commercial lot presents a remarkable investment opportunity in Lecanto, Florida. Situated at 4164 W Gulf to Lake Hwy, this property boasts 100 feet of road frontage, providing excellent visibility and accessibility. The location is highly desirable, benefiting from its proximity to the Suncoast Parkway extension and experiencing significant growth in the surrounding areas. The property is zoned PSO, offering versatility for a range of commercial ventures. Public water is readily available, while Citrus County sewer connection is optional, providing flexibility for development. This prime parcel is ideally positioned for businesses seeking a strategic location within Citrus County. An attractive owner financing option is available, requiring a $50,000 down payment, a 6.25% interest rate, amortized over 20 years with a balloon payment due in 4 years. Don't miss this chance to secure a piece of Lecanto's thriving commercial landscape. The property's address is 4164 W Gulf to Lake Hwy, Lecanto, FL 34461, and is located in Citrus County, zip code 34461.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.39 ac (16,807 SF)
Zoning code PSO PROF SERVICES/OFFICE
APN 18E-19S-05-0020-122.0
UPID US18-2152606
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
Vernon Spires · 4 yrs held
Vernon Spires
since 2022
Last sale
$40,000
1 recorded transaction
2022
$40,000
Zoning & alternative use
PSO PROF SERVICES/OFFICE · Lecanto, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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