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About this home
3228 & 3164 W Laurel Street is a home in Lecanto Add 01, Lecanto.
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.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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Price
$870,000
Time on market
324 days
Monthly payment
About $5,149/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,125 annual tax bill, insurance.
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