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2300 Highway 41 N - Inverness Development Site 54.5 Acres of Residential Land Offered at $5,510,542 CAD in Inverness, FL 34453
Investment Highlights
- Zoned ULD/R2, MD/R4, C, OS/R
- Perfect for a development for Single Family Homes.
- Approximate 14 acre pond/flood zone in center of the site.
Executive Summary
Positioned just one mile north of Downtown Inverness and State Road 44, this strategically located property offers exceptional potential for residential, build-to-rent, or phased mixed-use development. The site features approximately 2,348 feet of frontage along US Highway 41 with traffic counts exceeding 19,500 vehicles per day.The property benefits from existing city utilities including water, sewer, electric, and natural gas already available to the site. Surrounded by continued residential and commercial growth, Inverness has recently welcomed national retailers including Home Depot, Sprouts, and LongHorn Steakhouse, further strengthening the area’s long-term growth trajectory.
Property Facts
1 Lot Available
Lot
| Price | $5,510,542 CAD | Lot Size | 54.50 AC |
| Price Per AC | $101,110.86 CAD |
| Price | $5,510,542 CAD |
| Price Per AC | $101,110.86 CAD |
| Lot Size | 54.50 AC |
Perfect for a development for Single Family Homes.
Description
Located at 2300 South US Highway 41 in Inverness, this 54.5-acre site presents a rare mixed-use zoning land opportunity. The parcel is located 1 mile north of Downtown Inverness and State Road 44 offering flexibility for traditional development, build-torent, or phased delivery strategies. The property offers 2,348 feet of frontage along US Highway 41 with traffic counts exceeding 19,500 vehicles per day and benefits from full city utilities already available to the site, including water, sewer, electric, and natural gas. Strategically located in growing Citrus County, north of the Tampa Bay MSA, the project is well-positioned to capitalize on increasing demand for both rental and for-sale housing driven by continued in-migration and lifestyle-focused living preferences. Inverness has benefitted from new growth with retailers like Home Depot, Sprouts, Longhorn Steakhouse and other national brands opening locations in the area.
Property Taxes
| Parcel Number | 20E-19S-07-0000-13000 | Improvements Assessment | $0 CAD |
| Land Assessment | $999,973 CAD | Total Assessment | $999,973 CAD |
Property Taxes
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2300 Highway 41 N - Inverness Development Site
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