Twitter
Facebook
Email
|
Exceptional opportunity to acquire 61.42 acres of strategically located commercial and residential development land along Norvell Bryant Highway (CR 486) in the heart of Citrus County, Florida. Offering excellent roadway visibility, an Annual Average Daily Traffic (AADT) count of approximately 19,400 vehicles, and a combination of General Neighborhood Commercial (GNC) and Medium Density Residential/Mobile Home (MDRMH) zoning, this property presents a unique opportunity for a wide range of development possibilities. Centrally located within Citrus County, the property is approximately a 15-minute drive from Lecanto, Beverly Hills, Downtown Crystal River, Homosassa, and Inverness. Its strategic location provides convenient access to established residential communities, commercial centers, and major transportation corridors. Regional connectivity is further enhanced by convenient access to the newly expanded Suncoast Parkway (SR 589). The property consists of 23.94 acres zoned GNC, currently platted into eight individual lots, together with an additional 37.48 acres zoned MDRMH. The commercial portion accommodates a broad range of potential uses, including medical and professional offices, retail establishments, restaurants, and other neighborhood-serving businesses, subject to applicable zoning regulations and approvals. The residential acreage offers additional opportunities for medium-density residential development, creating the potential for a complementary, integrated commercial and residential project. A particularly valuable feature of this property is an existing agreement for the utilization of an adjacent Citrus County-owned stormwater retention pond. The agreement provides for post-development compensatory storage and stormwater runoff capacity calculated using development assumptions of up to 70% impervious surface coverage within the GNC-zoned portion and up to 50% impervious surface coverage within the MDRMH-zoned portion. This existing arrangement may offer a substantial development advantage by reducing the need for extensive on-site stormwater facilities and potentially maximizing usable development acreage, subject to the agreement's terms and applicable engineering and permitting requirements.
| DAYS ON MARKET | 26 | LAST UPDATED | 11/3/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 34442 - Hernando |
| COUNTY | Citrus | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Hernando Elementary |
|---|---|
| Jr. High School | Inverness Middle School |
| High School | Citrus High School |
| ADDITIONAL DETAILS | |
| AREA | 34442 - Hernando |
|---|---|
| LOT | 61.41 acre(s) |
| LOT DESCRIPTION | Wooded |
| SEWER | Public Sewer |
| TAXES | 218.62 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Greg
Lord to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Zachary Wheeler, KELLER WILLIAMS REALTY - ELITE PARTNERS II
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/14/26 7:30 PM PST.
This IDX solution is (c) Diverse Solutions 2026.