8167 W DUNNELLON RD Active

Crystal River,FL 34428

$ 225000

- Bed

0 Bath

- SqFt


Key Details

Property Type Other Types

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID OM685574

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $1,762

Lot Size 10.050 Acres

Acres 10.05

Lot Dimensions 1360x775

Property Description

This untouched world of opportunity is ripe for the picking. A total of 10 MOL acres in the beautiful Nature Coast community of Citrus County, located in Dunnellon, Florida. This unique parcel is zoned GNC (General Commercial) in a future growth area of the county. With over 1,360 +/- feet of road frontage on Dunnellon Rd/CR 488, the potential of this site is hard to miss. The frontage road for this property connects US 19 (6 miles west) to Hwy 41 (7 miles east), serving as a cross-connecting transit path for residents.

The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code. Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line.

With the recent $135 million expansion of the Suncoast Parkway and future planned extensions, Citrus County is poised for historic growth within the Tampa MSA. Within a 15-minute drive from the property is an ideal customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000. Market data shows that 66% of residents dine out at restaurants/steakhouses, and 89% frequent fast food establishments. Additionally, the area's population, with a median age of 58, has spent over $106 million on healthcare services. As part of Citrus County, home to 153,600 residents, the area is projected to experience significant growth, with an estimated population of 350,000 by 2030 under the Citrus County Land Development Code.

Positioned within Tampa–St. Petersburg–Clearwater MSA, which ranks as the 18th largest in the U.S., Citrus County is emerging as one of the nation’s premier real estate markets.This untouched world of opportunity is ripe for the picking. A total of 10 MOL acres in the beautiful Nature Coast community of Citrus County, located in Dunnellon, Florida. This unique parcel is zoned GNC (General Commercial) in a future growth area of the county. With over 1,360 +/- feet of road frontage on Dunnellon Rd/CR 488, the potential of this site is hard to miss. The frontage road for this property connects US 19 (6 miles west) to Hwy 41 (7 miles east), serving as a cross-connecting transit path for residents. The site is located just off the northwest corner of Citrus Avenue and CR 488, with a combined traffic count of 19,560 AADT. The property's versatile zoning allows for several permitted uses and supports the highest density of commercial development per the Citrus County Land Development Code.

Residential use is also permitted, allowing up to 10 units per acre with planned unit development and master plan approval. Centrally located, the site is just 10 minutes from Downtown Crystal River, 11 minutes from Downtown Dunnellon, and 45 minutes from the Marion County/Ocala line. With the recent $135 million expansion of the Suncoast Parkway and future planned extensions, Citrus County is poised for historic growth within the Tampa MSA.

Location

State FL

County Citrus

Zoning GNC

Exterior

Utilities Available Electricity Available,Public

Waterfront false

Building

Lot Description Paved

Lot Size Range 10 to less than 20

Sewer Septic Needed

Water Well Required

Others

Ownership Condominium

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

View More
Favorite Go Tour