3228 & 3164 W LAUREL STREET at

3228 & 3164 W LAUREL STREET

$870,000

$25,000
Price Decreased

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Overview

1.59 acres

Property 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 Details

MLS#

OM713937

Address

3228 & 3164 LAUREL W

City

LECANTO

State/county

Zip/Postal Code

34461

Area

Lecanto Add 01

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,124

Maint Fee

$--

Tax Year

2024

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