Property
ActiveLand
1/21
$870,000

3228 & 3164 W LAUREL STREET

Lecanto, FL 34461
0
Beds
0
Baths
0
SqFt
1.59
Acres
STELLAR
#OM713937
Updated: May 19, 2026, 2:23pm

Property Description

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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Property Details

Construction
Building Area Units
Square Feet
Direction Faces
West
Living Area Units
Square Feet
Site & Exterior
Current Use
Commercial
Flood Zone Code
X
I D X Participation
Yes
Lot Features
ClearedCorner LotIn County
Lot Size Acres
1.59
Lot Size Area
1.5891
Lot Size Dimensions
270 x 270
Lot Size Square Feet
69221
Lot Size Units
Acres
Number Of Lots
2
Public Survey Range
18E
Public Survey Section
4
Road Frontage Type
City StreetHighwayState Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
2 to less than 5
Utilities
OtherPublic
Water Source
PublicSee Remarks
Zoning
GNC
Financials
Additional Parcels
Yes
Additional Parcels Description
18E-19S-04-0110-00260-0030
Calculated List Price By Calculated Sq Ft
12.57
Contract Status Change Date
2025-11-20
Current Price
870000
Feed Types
BBO
Owner Name
JENNIFER L TOWNSEND LLOYD & ADRIAN T TOWNSEND
Ownership
Fee Simple
Parcel Number
18E19S040110002500010
Price Per Acre
547170
Public Survey Township
19S
Tax Annual Amount
2124.65
Tax Block
25
Tax Book Number
1-42
Tax Legal Description
1ST ADD TO LECANTO LOTS 1 2 3 4 5 6 7 & 8 BLK 25 DESC IN OR BK 12 PG 11 AND THE WEST 10 FEET OF VACATED ROAD PER RES 70-29 RECORDED IN OR BK 267 PGS 691 - 694
Tax Lot
Yes
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34461 - Lecanto
Subdivision Name
LECANTO ADD 01
Listing provided courtesy of STELLAR via IDX. Updated: May 19, 2026, 2:23pm.
Elias Kirallah

Listing Agent

CENTURY 21 J.W.MORTON R.E.

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