N Modelwood Dr, Pine Ridge, FL 34465

Golden Gate, Beverly Hills:

• Lot 2: PSO zoned-2.83 acres-$375,000
  

• Lot 3: GNC zoned- 1.74 acres-$1,000,000
  

• Lot 9: GNC zoned-1.10 acres-SOLD Advance Auto-Parts
  

• Lot 10: GNC zoned-0.98 acres-SOLD Pizza Hut COMING SOON
  

• Lot 11: GNC zoned-1.17 acres-$500,000
  

• Lot 12: GNC zoned-1.17 acres-$550,000
  

• Lot 13: GNC zoned-1.9 acres-$600,000

Choose your parcel and join national/regional retailers in the thriving region of Central Florida located in Citrus County. Only four remaining pad-ready sites to develop so don’t miss out on this opportunity. Choose from lot sizes ranging from 1.17 Ac - 2.83 Ac all zoned for multiple commercial usages which include Professional/Medical Offices, all types of various retail, which will include access to central water and sewer and on-site retention which maximizes surface lot utilization. Located on CR 491/Lecanto Highway (12,300 ADDT) and located at the controlled intersection of Modelwood Dr./Rosevelt Blvd with full ingros and egress from all roads and interconnected common areas and access throughout the development. Golden Gate located in Beverly Hills Florida is strategically located at the center of the county, connecting to several major arterial highways including, CR 486 (3.6 Miles), SR 44 (5.17 Miles), US 41 N (4.1 Miles), SR 200 (9.2 Miles), 589 Toll Road (5.9 Miles). Under the current Citrus County land development code, the zoning class falls under a Master Planned Unit Development allowing for a full range of commercial uses including a retail strip center, QSR/Restaurants, Financial Institutions, medical and professional office, assisted living facilities and so much more. The Citrus County LDC allows for various zoning classes and lot coverage ratios including General Neighborhood Commercial (GNC, 70% Max Lot Coverage), Professional Service Office (PSO, 70% Max Lot Coverage), and Planned Development Overlay (PDO, Max Lot Coverage based on Master Development Plans). The subject property potentially has 325,957 sf of development of buildings and site improvements. Golden Gate is part of an approved Master Plan Development providing shared parking, cross access drive, easement providing connection to offsite stormwater management system and direct connection to county water and sewer system. These lots are easily accessible for full ingress and egress provided by three curb cuts on S Lecanto Hwy (CR 491) and a two cuts located on North Modelwood Drive. The retail trade area is home to national and regional brands such as Lowes Home Improvement, Walmart Super-center, Publix and Winn-Dixie. Located at the center of beautiful Citrus County, these opportunities sit only 9.4 miles from Crystal River, and just 15 miles from Inverness. The new expansion of the Suncoast Parkway, a $135 million investment, places this location just 1 hour and 15 mins from the Tampa Saint-Petersburg MSA, the 18th largest metropolitan area in the United States.

Logistic Details:

County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.

County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest, and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.

County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these type of 'coastal spur' routes, in West Central Florida, it is county maintained.

U. S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U. S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Hwy constructed from Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.

Suncoast Parkway:

The Suncoast Parkway recently opened was a of $135 Million Dollar expansion which extends 13 miles north from US-98 to SR 44 which features 15 new bridges, electronic tolling gantries and the extension of The Suncoast Trail part of the Florida's Statewide Greenways and Trail System. The Suncoast Parkway is just 68 Miles 1 hour and 15 mins from Tampa making it a great commuting Highway for workforce seeking to be outside of the Tampa traffic. The Veterans Expressway and Suncoast Parkway is a north–south toll road near the Florida Gulf Coast. Maintained and operated by Florida's Turnpike Enterprise, this 68-mile transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto. 


Citrus County Growth:

Citrus County, Florida's estimated population is 155,582 with a growth rate of 1.29% in the past year according to the most recent United States census data. Citrus County, Florida is the 34th largest county inFlorida. The 2010 Population was 141,173 and has seen a growth of 10.21% since this time. Citrus County current LDC allows for approximately a population of 350k residencies. Given the expansion of the Suncoast Parkway and the 6 lane expansion of US 19 we are in the path of tremendous growth. Currently Citrus County has 60,000 vacant parcels of land prime for development. The County and incorporated Cities have plans for extensive utility expansion throughout the county including the expansion of the Crystal River Airport Run Way 5000 feet to allow for larger aircraft to land and take off including a newly funded 75 acres industrial complex granted by the state to expand utilities, road reconstruction to support eighteen wheelers and to include environmentally friendly and energy conservation features.

Community Development:

• 957 single-family residential homes on a 354-acre site in Lecanto.

• 500 lot subdivision, located in Citrus Springs by Habitat for Humanity of Citrus County.

• Green Mills Group in 2020 built a 106-unit apartment campus offering affordable housing on Colonade Street in Inverness.

• County commissioners approved a planned unit development (PUD) for Preservation Point RV Resort, a 234-acre property.

• Jaymelday Holdings LLC calls for up to 600 RV sites, along with amenities such as pool, golf cart rentals, bar and grill, basketball court and walking trails in Crystal River.

• 207 Home subdivision by DR Horton in Beverly Hills, Florida Citrus Ridge Area.

• 930 Unit Subdivision in Planning with national builder in Lecanto just off the Suncoast Parkway extension on SR 44.

All Due Diligence can be found on the Crexi page: Link

All LOIs should be submitted through the Crexi page: Link

All questions regarding this property can be directed to emails: Info@eliasgeorge.com

All calls can be reached out to number: (352) 200-2635

(Disclaimer - All in person showings require proof of ability to purchase.)