This untouched world of opportunity is ripe for the picking. A total of 10 MOL acres in the beautiful Nature Coast community of Citrus County, located in Dunnellon, Florida. This unique parcel is zoned GNC (General Commercial) in a future growth area of the county. With over 1,360 +/- feet of road frontage on Dunnellon Rd/CR 488, the potential of this site is hard to miss. The frontage road for this property connects US 19 (6 miles west) to Hwy 41 (7 miles east), serving as a cross-connecting transit path for residents.
The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code. Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line.
With the recent $135 million expansion of the Suncoast Parkway and future planned extensions,Citrus County is poised for historic growth within the Tampa MSA. Within a 15-minute drive from the property is an ideal customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000. Market data shows that 66% of residents dine out at restaurants/steakhouses, and 89% frequent fast food establishments. Additionally, the area's population, with a median age of 58, has spent over $106 million on healthcare services. As part of Citrus County, home to 153,600 residents, the area is projected to experience significant growth, with an estimated population of 350,000 by 2030 under the Citrus County Land Development Code.
Positioned within Tampa–St. Petersburg–Clearwater MSA, which ranks as the 18th largest in the U.S., Citrus County is emerging as one of the nation’s premier real estate markets.This untouched world of opportunity is ripe for the picking. A total of 10 MOL acres in the beautiful Nature Coast community of Citrus County, located in Dunnellon, Florida. This unique parcel is zoned GNC (General Commercial) in a future growth area of the county. With over 1,360 +/- feet of road frontage on Dunnellon Rd/CR 488, the potential of this site is hard to miss. The frontage road for this property connects US 19 (6 miles west) to Hwy 41 (7 miles east), serving as a cross-connecting transit path for residents. The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code.
Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line. With the recent $135 million expansion of the Suncoast Parkway and future planned extensions, Citrus County is poised for historic growth within the Tampa MSA.
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Property Details
Property
Lot description:Paved
Measurements
Acres:10.05
Construction Details
Type & Style
Property type:Purchase
Utilities / Energy Details
Utility
Sewer information:Septic Needed
Utility source:Well Required
Utility features:Electricity Available, Public
Community and Neighborhood Details
Location
County:Citrus
Financial Details
Pricing Details
Original List Price:$250, 000
Days on Market (Cumulative):9
Taxes annual:$1, 762
Other
Source
MLS #:OM685574
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Patricio R. Mosquera
Last Updated: . Source: SMLS
Listing Courtesy Listing Agent: Elias Kirallah Listing Office: CENTURY 21 J.W.MORTON R.E.
Patricio R. MosqueraReal Estate Group
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