Commercial Land for Sale in Beverly Hills, Florida

4038 N Modelwood Dr Beverly Hills, FL 34465

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$1,000,000
1.74 acres
Active sale$356k dropEst $7,994/mo

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
Elevation
85 feet
Coordinates
28.9221, -82.4667

Property details

Zoning
GNC
MLS Number
RACC 811657
Date Posted

Property taxes

2021
$8,881

Parcels

  • 3149380

Legal description

This 1.74-acre property is located at 4038 N Modelwood Dr in Beverly Hills, FL 34465 with latitude 28.9221 and longitude -82.4667. The property is currently available for sale for $1,000,000 with a price per acre of $574,713. Listing data is sourced from Realtors Association of Citrus County # 811657.

Verify sale details at the property source or contact Century 21 J.W.Morton R.E. at (352) 726-6668.

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Copyright (C) 2024 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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