0.40-acre wooded double lot zoned GNC (General Commercial District), located on County Road 488 (W Dunnellon Rd) in Citrus County's Rainbow Estates Unit 1 subdivision. Offering approximately 100 feet of road frontage and 175 feet of depth, this property presents an excellent opportunity for a variety of commercial uses, subject to county approval. Located along County Road 488 (W Dunnellon Rd), a well-traveled route connecting Dunnellon, Crystal River, and Florida's Nature Coast, the property benefits from steady daytime visibility and convenient regional access. Rainbow River and Rainbow Springs State Park are less than 30 minutes away. Ocala and the World Equestrian Center are approximately 40 to 45 minutes away, while Crystal River and the Nature Coast can be reached in about 30 minutes or less. Electric service is available nearby. Buyers should verify utility availability, as well as any requirements for well, septic, zoning, and development approvals. Whether for owner-user occupancy or investment, this property offers commercial potential in a growing area of Citrus County. There is a possibility of a future zoning change to CL (Low Intensity Coastal and Lakes District). Buyers are advised to independently verify any potential zoning changes, permitted uses, and development requirements with Citrus County. The seller has a recent certified border survey by Azimuth Survey Co. that shows the property is not in a flood zone and the property has markers in place along with their location.
- Lot size: 17,500 sqft
- 13 days on market
- Directions: From downtown Dunnellon, head south on US-41 and turn right (west) onto W Dunnellon Rd (CR 488). Continue west for approximately 7-8 miles to 7481 W Dunnellon Rd. The property is located on the north side of CR 488, approximately 300 feet east of W Citruswood Dr. Look for the sign. If you reach CR 495, you have passed the property and should turn around.
- County: Citrus
- Geo subdivision: RAINBOW ESTATES UNIT 1
Features
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Steven Koleno
Consumer-First Real Estate Architect
- Source: Stellar MLS
- MLS #: OM729939
Listing updated: August 8, 2026 at 5:00AM
Listing provided by: John Dolloff, COLDWELL BANKER RIVERLAND RLTY
Last checked 13 days ago
Listing provided by: John Dolloff, COLDWELL BANKER RIVERLAND RLTY
Last checked 13 days ago
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