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This highly strategic 2. 43-acre assemblage presents a rare multi-parcel development opportunity at the northeast corner of E Norvell Bryant Hwy (CR 486) and Crooked Branch Drive, directly across from Citrus County’s most active commercial expansion zone. Offering over 352 feet of prime frontage along CR 486, the site boasts dual road exposure and wraps the intersection with full median-cut access, ensuring seamless ingress and egress along one of the county’s most visible corridors. E Norvell Bryant Hwy supports an Annual Average Daily Traffic (AADT) of approximately 22, 000 vehicles, making it one of the highest-trafficked arteries in the region—ideal for high-exposure commercial, medical, or mixed-use development.
The property features gently rolling terrain with elevations ranging from 76 to 103 feet and well-drained Arredondo fine sand soils, with average slopes of 7–16%. Situated entirely within Flood Zone X, it poses no floodplain development restrictions and offers favorable drainage conditions, reducing site preparation costs and simplifying the grading process.
County water is available at the frontage, while sewer service is accessible nearby within the utility district, subject to standard connection and assessment approvals. The dual-corner configuration, combined with clean topography, allows for exceptional design flexibility—accommodating multiple building pads, ample parking, and efficient circulation patterns. Located just two parcels east of the signalized intersection of CR 486 and CR 491, the site is surrounded by top-tier national retailers, including Walmart, Target, ALDI, Panera Bread, and Texas Roadhouse—positioning it at the heart of Citrus County’s most dynamic medical and retail corridor.
Located in the heart of Citrus County’s Central Ridge, this property serves 66, 000+ residents within 5 miles, with a median age of 60 and household income exceeding $65, 000. The recent completion of the Suncoast Parkway expansion offers direct access to Tampa Bay in under 75 minutes, fueling ongoing growth in medical, office, and residential demand.
This is a rare opportunity to acquire prime commercial land in a high-traffic, infrastructure-ready corridor—perfectly positioned for a medical office campus, wellness plaza, or hybrid professional complex.
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Our Executive Mortgage Banker:
Our Insurance Division:
$915,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $732,000 | $732,000 | $732,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.202% | 6.121% | 6.011% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,214 | $4,389 | $6,079 |
| Total Monthly Payment | $4,306 | $4,481 | $6,171 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.