3228 & 3164 W Laurel Street, Lecanto, FL 34461
Not on List · Citrus County
Key Facts
Description
Prime 2.74± acre commercial corner located in the heart of the rapidly growing Central Ridge District of Citrus County. This cleared, development-ready site offers exceptional visibility with 270’ of frontage on CR 491 (Lecanto Hwy – 17,800 AADT) and additional frontage on W Laurel St, just two blocks from the signalized SR 44 intersection (25,500 AADT). Full median access allows unrestricted ingress and egress for north- and southbound traffic. Zoned GNC/LDR, the property supports a wide range of uses including retail, medical office, restaurant with drive-thru, automotive, hotel, multifamily (up to 10 units/acre with PUD), and more. Surrounded by major national retailers such as Target, Walmart, ALDI, McDonald’s, Panera, Texas Roadhouse, Starbucks, and Panda Express, this corridor is the epicenter of Lecanto’s commercial expansion. Directly across the street, DR Horton is developing 957 new homes and more than 30 acres of planned commercial space. Additional large-scale residential developments—including Metro Development’s 4,933-unit master-planned community and Citrus Hills’ Davos Reserve—are driving strong demand for retail, services, and medical facilities. Located just one mile from the Suncoast Parkway (589) and 55 miles from Tampa International Airport, the property is positioned for long-term growth within the Tampa–St. Petersburg MSA. Excellent demographics with more than 66,000 residents within 15 minutes. Ideal for developers seeking a high-visibility, high-growth location suitable for a variety of commercial or mixed-use concepts.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
2.74 acres
Lot Dimensions
270x445
Zoning
GNC,LDR
Days on Market
55
MLS® Listing#
850121
Property Features
Lot Features
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,125
Tax year 2024
Parcel Number
1502772
Directions
From downtown Lecanto, head South on S Lecanto Highway for 0.2 Miles, turn left onto W Laurel, and you will reach your destination on the right-hand side of the street.
Affordability Calculator
$174,000
Estimated monthly payment
$4,631/mo
Principal $696,000 · Est. interest $970,982 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lecanto, FL
- $371,014
- Median Listing Price
- 117
- Median Days on Market
- 1,945
- Median Sq Ft
- $184
- Median Price / Sq Ft
- 136
- Active Listings
- This home’s price is 134% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lecanto, FL.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7310 S IRMA POINT, LECANTO, FL | $615,000 | 2 | 3 | 1,920 |
| 3033 N CAVES VALLEY PATH, LECANTO, FL | $615,000 | 3 | 3 | 2,536 |
| 2618 N Carnoustie Loop, Lecanto, FL | $639,000 | 3 | 3 | 2,708 |
| 2618 N CARNOUSTIE LOOP, LECANTO, FL | $639,000 | 3 | 3 | 2,708 |
| 137 E Gulf To Lake Highway, Lecanto, FL | $649,000 | — | — | — |
| 7310 S Irma Point, Lecanto, FL | $650,000 | 2 | 3 | 1,920 |
Moving Cost Estimate
Listing Courtesy: Century 21 J.W.Morton R.E. - 3527266668
Presented by: Elias Kirallah