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$225,000
Est. payment /mo
10.05 Acres Lot
UPDATED:
10/23/2024 12:27 AM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID OM685574
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $1,762
Lot Size 10.050 Acres
Acres 10.05
Lot Dimensions 1360x775
Property Description
This untouched world of opportunity is ripe for the picking. A total of 10 MOL acres in the beautiful Nature Coast community of Citrus County, located in Dunnellon, Florida. This unique parcel is zoned GNC (General Commercial) in a future growth area of the county. With over 1,360 +/- feet of road frontage on Dunnellon Rd/CR 488, the potential of this site is hard to miss. The frontage road for this property connects US 19 (6 miles west) to Hwy 41 (7 miles east), serving as a cross-connecting transit path for residents.
The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code. Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line.
With the recent $135 million expansion of the Suncoast Parkway and future planned extensions, Citrus County is poised for historic growth within the Tampa MSA. Within a 15-minute drive from the property is an ideal customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000. Market data shows that 66% of residents dine out at restaurants/steakhouses, and 89% frequent fast food establishments. Additionally, the area's population, with a median age of 58, has spent over $106 million on healthcare services. As part of Citrus County, home to 153,600 residents, the area is projected to experience significant growth, with an estimated population of 350,000 by 2030 under the Citrus County Land Development Code.
Positioned within Tampa–St. Petersburg–Clearwater MSA, which ranks as the 18th largest in the U.S., Citrus County is emerging as one of the nation’s premier real estate markets.This untouched world of opportunity is ripe for the picking. A total of 10 MOL acres in the beautiful Nature Coast community of Citrus County, located in Dunnellon, Florida. This unique parcel is zoned GNC (General Commercial) in a future growth area of the county. With over 1,360 +/- feet of road frontage on Dunnellon Rd/CR 488, the potential of this site is hard to miss. The frontage road for this property connects US 19 (6 miles west) to Hwy 41 (7 miles east), serving as a cross-connecting transit path for residents. The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code.
Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line. With the recent $135 million expansion of the Suncoast Parkway and future planned extensions, Citrus County is poised for historic growth within the Tampa MSA.
The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code. Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line.
With the recent $135 million expansion of the Suncoast Parkway and future planned extensions, Citrus County is poised for historic growth within the Tampa MSA. Within a 15-minute drive from the property is an ideal customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000. Market data shows that 66% of residents dine out at restaurants/steakhouses, and 89% frequent fast food establishments. Additionally, the area's population, with a median age of 58, has spent over $106 million on healthcare services. As part of Citrus County, home to 153,600 residents, the area is projected to experience significant growth, with an estimated population of 350,000 by 2030 under the Citrus County Land Development Code.
Positioned within Tampa–St. Petersburg–Clearwater MSA, which ranks as the 18th largest in the U.S., Citrus County is emerging as one of the nation’s premier real estate markets.This untouched world of opportunity is ripe for the picking. A total of 10 MOL acres in the beautiful Nature Coast community of Citrus County, located in Dunnellon, Florida. This unique parcel is zoned GNC (General Commercial) in a future growth area of the county. With over 1,360 +/- feet of road frontage on Dunnellon Rd/CR 488, the potential of this site is hard to miss. The frontage road for this property connects US 19 (6 miles west) to Hwy 41 (7 miles east), serving as a cross-connecting transit path for residents. The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code.
Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line. With the recent $135 million expansion of the Suncoast Parkway and future planned extensions, Citrus County is poised for historic growth within the Tampa MSA.
Location
State FL
County Citrus
Zoning GNC
Exterior
Utilities Available Electricity Available, Public
Building
Lot Description Paved
Lot Size Range 10 to less than 20
Sewer Septic Needed
Water Well Required
Others
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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