Located in the Central Ridge Growth District of Citrus County, Florida, within the Tampa/St. Petersburg MSA, this 45.5-acre property presents an exceptional commercial development opportunity. The site features over 1,315 feet of highway frontage along SR 44, which experiences a growing traffic count of over 26,000 AADT per day. Additionally, public utilities are available within 500 feet of the property, ensuring convenient infrastructure access. Zoned General Neighborhood Commercial (GNC), this site supports a broad range of residential and commercial uses, making it highly versatile. The GNC zoning allows for one of the highest intensities of development in Citrus County, with up to 70% lot coverage under the county’s Land Development Code. Commercial uses include medical offices, retail centers, government buildings, and light manufacturing. The site has also received prior approval for medical marijuana cultivation and processing, contingent on regulatory changes. On the residential side, development options range from single-family homes, multi-family residences, condominiums, mobile homes, and tiny homes. With Planned Unit Development (PUD) approval, the property can accommodate up to 10 residential units per acre. The site’s development potential is significant, offering multiple opportunities for both residential and commercial projects. With PUD approval, it can support up to 360 attached condominium units, 144 single-family residences, or 360 mobile home units within a park. This flexibility caters to the growing housing demand in the Central Ridge area. For commercial development, the zoning permits a variety of intensive uses, including professional and medical office complexes, hospitals and healthcare facilities, government buildings, light manufacturing, warehousing terminals, and general retail operations with a 70% Floor Area Ratio (FAR). Situated just 2.5 miles west of the expanding 589 Toll Road’s North-South interchange, this property benefits from a $165 million state-funded infrastructure investment, enhancing access between Tampa and Citrus County within an hour’s drive. Within a five-mile radius, thousands of homes are being developed by national and regional builders, accompanied by new regional shopping districts. The recently completed Shoppes at Black Diamond, a 135,000-square-foot retail center, includes major retailers such as Target, Aldi, Starbucks, Panera Bread, Texas Roadhouse, Walmart, Hobby Lobby, and several national restaurant chains. Additionally, the property serves a growing community of 46,361 residents within a 15-minute drive, with an average age of 58 and a median household income of $65,000—an ideal demographic for both residential and commercial investments. With its prime location, zoning versatility, and access to infrastructure, this property stands out as a premier development site in Citrus County, offering unparalleled potential for investors and developers looking to capitalize on the region’s rapid growth. With a Planned Unit Development (PUD) approval, the property can achieve significant residential density, accommodating up to: -360 attached condominium residential units, -144 single-family residences, or -360 mobile homes within a park. This flexibility makes the property an attractive option for large-scale residential development, catering to the increasing housing demand within the Central Ridge area. Commercial Development Potential -The zoning permits a broad array of intensive commercial uses, allowing developers to create a thriving mixed-use hub. Potential uses include: -Professional and Medical Office Complexes, -Hospitals and Healthcare Facilities, -Government Buildings, -Light Manufacturing and Warehousing Terminals, and -General Retail Operations with a Floor Area Ratio (FAR) of 70%. Developers to capitalize on Citrus County’s dynamic growth and expanding market potential. Residential Development Potential With a Planned Unit Development (PUD) approval, the property can achieve significant residential density, accommodating up to: -360 attached condominium residential units, -144 single-family residences, or -360 mobile homes within a park. This flexibility makes the property an attractive option for large-scale residential development, catering to the increasing housing demand within the Central Ridge area. Commercial Development Potential The zoning permits a broad array of intensive commercial uses, allowing developers to create a thriving mixed-use hub. Potential uses include: -Professional and Medical Office Complexes, -Hospitals and Healthcare Facilities, -Government Buildings, -Light Manufacturing and Warehousing Terminals, and -General Retail Operations with a Floor Area Ratio (FAR) of 70%. Additionally, the property benefits from previous approvals for uses related to the cultivation and processing of medical marijuana and hemp, contingent on future state and federal approvals, providing a unique opportunity to enter a burgeoning market. Utility Access and Connectivity The property is located within the County Water and Sewer District, ensuring reliable access to essential utilities. Infrastructure is already in place, with access to utilities located within 500 feet of the site. Pending approval, connectivity to these utilities will further enhance the property’s development readiness. Strategic Location in a Thriving District As part of the Central Ridge Growth District, this property is strategically positioned within a rapidly developing area poised for significant population and economic growth. Its central location provides convenient access to major transportation corridors and nearby communities, ensuring long-term value and market appeal for both residential and commercial developments. A Premier Investment Opportunity This property offers a rare combination of size, location, and zoning flexibility, making it one of the most attractive investment opportunities in the region. Whether for residential, commercial, or mixed-use purposes, the possibilities for development are vast and well-aligned with the needs of this growing district. For investors or developers seeking to establish a footprint in one of the most promising markets, this property stands out as a prime choice. Citrus County: A Market Poised for Growth Citrus County, currently home to 153,600 residents, is on track for exponential growth, with the population projected to reach 350,000 by 2030 under the County’s Land Development Code. As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA)—the 18th largest MSA in the United States—Citrus County continues to attract both businesses and residents.