Commercial Sale · Retail
8123 S Lecanto HIGHWAY, LECANTO, FL, 34461
Active929 days on marketListed Mar 27, 2024MLS #CC832441
About this property
The property at a glance
There is so much to see here and so many possibilities! This is an INCREDIBLY RARE opportunity to own multiple buildings with varied use, on a total of 37.33 acres, zoned both GNC (11.37 acres) & AGRMH (25.96 acres). This property includes a partially equipped Commercial Restaurant (8603 sf/total), Elegant Event Venue (9586 sf/total), Massive Primary Residence (9312 sf/total), along with a Detached Garage/Workshop (2000 sf), Contractor Trailer, Storage Rig & Pole Barn. All measurements, sizes, features, etc. in listing details are an aggregate of all 3 primary buildings & total land. Over 20 acres of this property was once a thriving blueberry farm (64 rows), irrigated by a diesel well w/turbine gear drive motor. Irrigation system pumps 2300 gals/min w/a 3406 cat engine that powers a 12 inch well pump. Citrus County is primed for growth & this is a PRIME location! Two sides of this property are bordered by the State Forest, w/1268 ft of frontage along HWY 491,& less than 5 miles from the Suncoast Parkway. The County is currently expanding its infrastructure to support the expected 30k+ additional residents predicted to move to the area by 2030. You won't want to miss this unique opportunity!
27,501
Building sq ft
$142
Price / sq ft
37.33
Lot acres
2007
Year built
AGRM,GNC
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$19,173/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Colleen to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
13,289
Population
$60,795
Median income
54.8
Median age
2.47
Avg household
$287,200
Median home value
$1,190/mo
Median rent
979
Households w/ kids
Your team
The pros in your corner
Your agent
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 8123 S Lecanto HIGHWAY — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 8123 S Lecanto HIGHWAY.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked.
Listing courtesy of REMAX REALTY ONE · Laura Bush. MLS #CC832441.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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