6987 N Lecanto Hwy, Beverly Hills, Florida, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$772,900

6987 N Lecanto Hwy
Beverly Hills, Florida, United States

Listed By: Realtyww Info

Listed On: 07/25/2024

Listing ID: GL11860766 View More Details

Description

Prime Corner Development Site opportunity in the heart of the Emerging Growth of Citrus County. This 1.08-acre property comes with City Water is available and is located just off the SW corner of US 41/Florida Avenue (16, 500 AADT) and CR 491/Lecanto Hwy (5, 800 AADT) in the path of two future road lane expansions. The property fronts CR 491 with 450 of Highway frontage, benefiting from a combined traffic count of 22, 300 AADT. Strategically located just 6.6 miles via CR 491 from the regional shopping district, this property provides access to national retailers such as Walmart and the new Target Supercenter. The future development of the 550-acre property located east of U.S. 41 and S CR 491 The Holder Industrial Park, lead by Duke Energy, was approved by the Economic Development Authority for a potential of 6.2-7.5 million square feet for Light/Heavy Industrial and Commercial uses, which will significantly impact the area's traffic and growth in Citrus County.

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Listed by: Elias George Kirallah