2509 Forest Drive - Commercial LAND FOR SALE


Inverness, FL 34453 57,935 SF
$225,000 USD
352-400-2635
2509 Forest Drive, Inverness, FL for Sale
$225,000 USD
Commercial LAND - FOR SALE
1/17
57,935 SF

2509 Forest Drive
Inverness, FL 34453


HIGHLIGHTS

  • Total Area: 1.33 Acres
  • Three Parcels
  • 226' Of Frontage

OVERVIEW

Located just off the heavily traveled SR 44 and Forest Drive, this property offers easy accessibility to a diverse patient and customer base in Inverness, situated in Citrus County, Florida. The subject property spans a generous 1.33 acres and is zoned RO-Residential Office, within the city limits of Inverness. Future connections to water and sewer services are anticipated by the end of 2025. This fully cleared property features 223 feet of road frontage on Forest Drive, which connects directly to SR 44, boasting an impressive daily traffic count of over 29,560 AADT. The property is strategically located near Historical Downtown Inverness, home to key landmarks such as Citrus Memorial Hospital, the County Courthouse, the Tax Collector’s Office, and City Hall. Within a two-mile radius, the area offers a robust national retail presence, including Walmart, Lowe’s, TJ Maxx, several major grocery stores, quick-service restaurants (QSRs), and sit-down dining options. The property is also situated within a 15-minute drive of a population of 36,848 residents, with a median age of 64 and a median household income of $52,000, growing at an annual rate of 2.93%. Local consumer expenditures for healthcare exceed $57 million annually, with over $20 million allocated specifically to physician services. The City of Inverness has made substantial investments in revitalization, including the development of newly constructed lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District. With the recent $135 million expansion of the Suncoast Parkway and its future extensions, Citrus County is positioned for significant growth within the Tampa MSA. Within a 15-minute drive of the property, an ideal customer base of 46,361 residents awaits, with an average age of 58 and a median household income of $65,000. Consumer data indicates that 66% of residents dine out at restaurants or steakhouses, while 89% frequent fast-food establishments. The population’s median age also correlates with substantial expenditures on healthcare services, totaling over $106 million annually. The property provides access to thriving nearby communities, including Floral City (5 miles), Lecanto (12.3 miles), Beverly Hills (15.1 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles). Citrus County, currently home to 153,600 residents, is projected to experience exponential growth, with the population estimated to reach 350,000 under the County’s Land Development Code by 2030. As part of Tampa–St. Petersburg–Clearwater MSA, the 18th largest metropolitan area in the United States, Citrus County stands out as one of the nation’s premier real estate markets. Prime Surroundings and Development Potential This property is positioned near Historic Downtown Inverness, home to key civic and healthcare landmarks including: Citrus Memorial Hospital and Citrus County Memorial Hospital County Courthouse and City Hall Tax Collector's Office Within a 2-mile radius, you'll find a robust mix of national retailers such as Walmart, Lowe's, TJ Maxx, major grocers, quick-service restaurants (QSRs), and sit-down dining options Demographics & Consumer Expenditures The area surrounding this property provides a thriving and affluent customer base: 15-minute drive time: Population of 46,361 residents with an average age of 58 and a median household income of $65,000, growing at 2.93% annually. Healthcare expenditures: Over $106 million annually, including $20 million in physician services. Dining trends: -66% of residents frequent restaurants and steakhouses. -89% dine at fast-food establishments. City Investments and Growth: The City of Inverness has undergone significant enhancements with investments in public amenities, including the newly constructed Liberty, Wallace Brooks, and Depot District lakefront parks. Regional Connectivity and Economic Outlook: The recent $135 million expansion of the Suncoast Parkway and future extensions position Citrus County for rapid growth. Located within the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area (MSA), the 18th largest in the U.S., Citrus County stands as a key growth hub. Projections estimate a population surge from 153,600 residents today to 350,000 by 2030, highlighting this region’s tremendous real estate potential. Strategic Nearby Communities: -Floral City (5 miles) -Lecanto (12.3 miles) -Beverly Hills (15.1 miles) -Crystal River (16.6 miles) -Homosassa (18.8 miles) 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 the 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 Syou’re toke'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 types 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 Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/ACRE

$169,172/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1.33 Acres Cleared For Development Citrus

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial

LAND ACRES

1.33 AC

LAND SF

57,935 SF

OFFSITE IMPROVEMENTS

-

ZONING

RO

APN/PARCEL ID

19E-19S-13-0030-00040-0030

ASK ABOUT THIS PROPERTY

Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

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Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.