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2853 Norvell Bryant Highway
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PRICED AT ONLY: $4,250,000

Address: 2853 Norvell Bryant Highway, Lecanto, FL 34461

Description

This prime multi parcel land development opportunity is located in the Central Ridge District of Citrus County, Florida, strategically positioned within the regions largest national retail hub expansion. Surrounded by major retailers such as Target, ALDI, Walmart, McDonalds, Panda Express, Texas Roadhouse, Panera, and Starbucks, the site benefits from strong retail synergy and high consumer traffic, making it an attractive investment for commercial developers. The property consists of three parcels totaling 3.57 acres: Lot 19 (1.24 acres, 150 x 350 corner lot), Lot 20 (1.24 acres, 150 x 350), and Lot 21 (1.09 acres, 215 x 350). It has direct access to county utilities, including sewer, and is zoned under the PSO Commercial district (Citrus County Ch. 2 LDC), allowing for 70% lot coverage and a variety of permitted uses such as professional and medical offices, emergency rooms, regional hospitals, retail, dine in and drive thru restaurants, hospitality, pharmacies, medical marijuana treatment centers, assisted living facilities, and multifamily developments of up to 10 units per acre. Located at the northwest corner of CR 486/W Norvell Bryant Hwy and N Crookedbranch Drive, the property offers over 510 feet of prime frontage with full ingress and egress via a median cut, ensuring seamless traffic flow and high visibility. It is just two parcels from the major intersection of CR 486 and CR 491, providing direct access to key regional traffic patterns and national retail clustering. Within a five mile radius, the property is surrounded by premier residential communities, including Black Diamond Ranch, Citrus Hills, and Terra Vista, featuring a PGA rated golf course and the highest residential density in a single community. The area serves a consumer population of 66,966 residents within a 15 minute drive, with a median age of 60, reflecting strong demand for retail, services, and medical facilities.
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  • MLS#: 841699 ( Land )
  • Street Address: 2853 Norvell Bryant Highway
  • Viewed: 97
  • Price: $4,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 12
  • Acreage: 3.57 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Acreage, CornerLot, Flat, MultipleLots, Trees
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Legal Description: CRYSTAL RIVER CTRY ESTS PB 7 PG 147 LOT 20
  • Area Major: 08
  • Occupant Type: Vacant
  • Parcel Number: 1489482
  • Possession: Closing
  • Possible Use: Commercial
  • The Range: 0.00
  • Views: 97
  • Zoning Code: PSO
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Details for 2853 Norvell Bryant Highway, LECANTO, FL 34461
$4,250,000.00

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  1. Hardeep Kumar
  2. Broker IDX Sites Inc.
  3. Find Your Dream Home, One Click at a Time!
Hardeep Kumar