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Listed by Elias G Kirallah • Century 21 J.W.Morton R.E.
$ 500,000
Est. payment | /mo
1.17 Acres Lot
$ 500,000
Est. payment | /mo
1.17 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Not On List
MLS Listing ID 812001
HOA Y/N No
Annual Tax Amount $2,157
Tax Year 2021
Lot Size 1.170 Acres
Acres 1.17
Property Description
Located in the heart of Citrus County's growth corridor, Lot 12 is an outparcel within the newly developed Golden Gate in Beverly Hills, Florida. This 1.17-acre site is zoned for a variety of commercial uses, including quick-service restaurants (QSR) with drive-thru, automotive services, general retail, and medical or professional offices. It is part of a thriving development alongside established businesses such as Walgreens, Advance Auto Parts, and the new Pizza Hut with drive-thru.
The property offers excellent visibility with over 195 feet of highway frontage along Hwy 491 and convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. Multiple points of entry, including three from CR 491 and two from N Modelwood Drive, provide seamless connectivity to adjacent parcels through a cross-access service road, with both front and rear access to the parcel. Just 2.8 miles north of the Central Ridge regional shopping district, this location is near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, 7-Eleven, and other national and regional brands. The site is cleared and ready for development, with access to offsite retention for maximum lot utilization, and city water and sewer lines already in place. Additionally, shared signage will enhance the visibility of businesses located on the property.
Adjacent to Lot 12 and available for separate purchase are Lot 11 (1.17 acres, $500,000) and Lot 13 (1.93 acres, $500,000), offering the opportunity to combine the parcels for a total of 4.28 acres at a price of $1,500,000. This site is ideally positioned to benefit from the recently completed extension of the Suncoast Parkway and future expansions, with Citrus County poised for significant growth within the Tampa MSA.
The property offers excellent visibility with over 195 feet of highway frontage along Hwy 491 and convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. Multiple points of entry, including three from CR 491 and two from N Modelwood Drive, provide seamless connectivity to adjacent parcels through a cross-access service road, with both front and rear access to the parcel. Just 2.8 miles north of the Central Ridge regional shopping district, this location is near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, 7-Eleven, and other national and regional brands. The site is cleared and ready for development, with access to offsite retention for maximum lot utilization, and city water and sewer lines already in place. Additionally, shared signage will enhance the visibility of businesses located on the property.
Adjacent to Lot 12 and available for separate purchase are Lot 11 (1.17 acres, $500,000) and Lot 13 (1.93 acres, $500,000), offering the opportunity to combine the parcels for a total of 4.28 acres at a price of $1,500,000. This site is ideally positioned to benefit from the recently completed extension of the Suncoast Parkway and future expansions, with Citrus County poised for significant growth within the Tampa MSA.
Location
State FL
County Citrus
Area 14
Zoning GNC
Interior
Fireplace No
Exterior
Water Access Desc Public
Building
Lot Description Acreage, Cleared, Multiple lots
Sewer Public Sewer
Water Public
Schools
Elementary Schools Forest Ridge Elementary
Middle Schools Citrus Springs Middle
High Schools Lecanto High
Others
Tax ID 3524115
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Learn More About LPT Realty
Alice Ratliff
Agent | License ID: SL3602466