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2798 W NORVELL BRYANT HIGHWAY

Lots/Land For Sale
$1,325,000

BTC: 16.46371769

ETH: 544.81907895

5 days
0 room(s)

Overview

JOIN THE RETAIL BOOM in Lecanto, Florida, along one of Citrus County’s fastest-growing commercial corridors! This prime 1.42-acre corner property is strategically positioned at the southeast corner of CR 486 and Crooked Branch Road, just one block from the signalized intersection of CR 486 and CR 491, benefiting from a combined corridor traffic count of 37,600 vehicles per day (AADT), including 19,800 AADT on CR 486 and 17,800 AADT on CR 491. Featuring over 290 feet of road frontage, PSO Commercial zoning, and potential opportunities for expanded commercial uses or rezoning, this property offers a rare opportunity in an increasingly competitive retail market. RARE DEVELOPMENT ADVANTAGES include a reportedly county-funded 24-foot curb cut on CR 486, access to the Citrus County stormwater drainage system, potential maximum Floor Area Ratio (FAR) development benefits, and water and sewer infrastructure in the surrounding area. Additional access through the adjoining road network connects to the nearby trailhead, Wendy’s, and Wawa Gas Station, with a full median opening providing eastbound and westbound access along CR 486, subject to verification. SURROUNDED BY NATIONAL RETAILERS including Target, Sprouts, Walmart, ALDI, Five Below, Hobby Lobby, BJ’s Wholesale, Texas Roadhouse, Glory Days Grill, Starbucks, Panera Bread, Five Guys, and numerous additional national brands, this location benefits from Citrus County’s expanding retail concentration. Just south lies the county’s established medical corridor, serving communities including Terra Vista, Pine Ridge, Black Diamond Ranch, and Beverly Hills. STRATEGICALLY POSITIONED FOR GROWTH near the Suncoast Parkway extension at CR 486, the property benefits from improving regional connectivity, expanding residential development, and growing commercial demand. Conveniently located approximately 3 miles from Beverly Hills, 2.5 miles from Hernando, 6.8 miles from Crystal River, and 12 miles from Inverness, this location offers access to established communities and growing markets. CAPITALIZE ON THE GROWTH and secure a commercial development opportunity in one of Citrus County’s most active retail corridors! All development potential, infrastructure availability, and access rights are subject to verification and governmental approvals.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$99,700
$70K – $1.1M
Confidence Low
List vs. estimate
$1.2M above estimate
List $1,325,000 · +1229.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,017
2025
All facts and features
  • Lot

    • Lot: 1.42 Acres

    Other Property Information

    • Parcel Number: 18E18S220010000001400

    • Zoning: PSO

  • Type and style

    • Property Type: Land

  • Utility

    • Water Available

  • Other financial information

    • Annual tax amount: $2,018

  • Source details

    • MLS ID: OM734174

    Other facts

    • Direction Faces: West

    • Water Source: Public / See Remarks

    • Lot Size Dimensions: 310 x 215

    • Subdivision Name: CRYSTAL RIVER CTRY ESTATES

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: CENTURY 21 J.W.MORTON R.E.