Commercial Land for Sale in Beverly Hills, Florida
4038 N Modelwood Dr Beverly Hills, FL 34465
PRIME COMMERCIAL CORNER SHOVEL READY in the heart of Citrus County's growth corridor, Lot 3 is located at a signalized intersection inside the newly developed Golden Gate in Beverly Hills, Florida at the South West Corner. This 1.74 -acre site is zoned for a variety of commercial uses, including, Gas Station/C-Store 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. 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 2 and available for separate purchase are or assemblage is Lot 2 (2.86 acres, $356,000), offering the opportunity to combine the parcels for a total of 4.6 acres at a price of $ 1,356,000. 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. Located just 15 minutes from a customer base of 46,361 residents with an average age of 58 and a median household income of $65,000, the property also enjoys proximity to growing populations in Floral City (7.8 miles), Lecanto (2 miles), Crystal River (10 miles), and Homosassa (15 miles).
Directions
Just off N Lecanto Hwy.
Location
- Street Address
- 4038 N Modelwood Dr
- County
- Citrus County
- Elevation
- 85 feet
Property details
- Zoning
- GNC
- MLS Number
- RACC 811657
- Date Posted
Property taxes
- 2021
- $8,881
Parcels
- 3149380
Legal description
MODELWOOD PARK PLAZA PB 18 PGS 96-97 LOT 3 TITLE IN OR BK 2038 PG 1571 AND GRANT OF APPURTENTANT EASE IN OR BK 2159 PG 1516
Detailed attributes
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Century 21 Real Estate
Exterior
- Features
- Cleared, Flat
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 7, 2024 | Price drop | $1,000,000 | $356,000 -26.3% | RACC |
Nov 5, 2024 | Price increase | $1,356,000 | $356,000 35.6% | RACC |
Sept 9, 2022 | Back on market | $1,000,000 | — | RACC |
June 4, 2022 | Under contract | $1,000,000 | — | RACC |
Apr 27, 2022 | New listing | $1,000,000 | — | RACC |