4038 N Modelwood Drive Beverly Hills, FL 34465
Listing Courtesy of: CITRUS COUNTY / Century 21 J W Morton Real Estate, Inc. / Elias Kirallah

  4038 N Modelwood Drive Beverly Hills, FL 34465

Active (877 Days)
$1,000,000

Description

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).

MLS #:
811657
Taxes
$8,881(2021)
Lot Size
1.74 acres
Type
Land
County
Citrus County
Community
Not on List

Listed By

Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
Source
CITRUS COUNTY
Last checked Dec 23 2024 at 6:24 AM GMT+0000
Bathroom Details
Subdivision
  • Not On List
Lot Information
  • Flat
  • Cleared
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Location
   
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Disclaimer: Copyright 2024 Realtors Association of Citrus County. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/24 22:24