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7481 W DUNNELLON ROAD

Lots/Land For Sale
$29,000

BTC: 0.37267879

ETH: 12.08333333

15 days
0 room(s)

Overview

0.40-acre wooded double lot zoned GNC (General Commercial District), located on County Road 488 (W Dunnellon Rd) in Citrus County's Rainbow Estates Unit 1 subdivision. Offering approximately 100 feet of road frontage and 175 feet of depth, this property presents an excellent opportunity for a variety of commercial uses, subject to county approval. Located along County Road 488 (W Dunnellon Rd), a well-traveled route connecting Dunnellon, Crystal River, and Florida's Nature Coast, the property benefits from steady daytime visibility and convenient regional access. Rainbow River and Rainbow Springs State Park are less than 30 minutes away. Ocala and the World Equestrian Center are approximately 40 to 45 minutes away, while Crystal River and the Nature Coast can be reached in about 30 minutes or less. Electric service is available nearby. Buyers should verify utility availability, as well as any requirements for well, septic, zoning, and development approvals. Whether for owner-user occupancy or investment, this property offers commercial potential in a growing area of Citrus County. There is a possibility of a future zoning change to CL (Low Intensity Coastal and Lakes District). Buyers are advised to independently verify any potential zoning changes, permitted uses, and development requirements with Citrus County. The seller has a recent certified border survey by Azimuth Survey Co. that shows the property is not in a flood zone and the property has markers in place along with their location.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.40 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$209,000
$167K – $222K
Confidence Low
List vs. estimate
$180K below estimate
List $29,000 · -86.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$225
2025
View
Trees/Woods
All facts and features
  • Lot

    • Lot: 0.40 Acres

    Other Property Information

    • Parcel Number: 1022746

    • Zoning: GNC

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

  • Other financial information

    • Annual tax amount: $226

  • Source details

    • MLS ID: OM729939

    Other facts

    • Lot Features: Wooded

    • Direction Faces: Southeast

    • Water Source: None / Well Required

    • Lot Size Dimensions: 100 x 175

    • Subdivision Name: RAINBOW ESTATES UNIT 1

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER RIVERLAND RLTY