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    The Largest CRE Database in the US with Over 1 Million Listings

    103 NW Us Highway 19 Crystal River, FL 34428

    Sponsored
    For Sale
    $599,000

    SINGLE_FAMILY - Crystal River, FL

    Type:Retail
    Property size:
    2,646 SF
    Lot size:
    0.35 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 25 at 12:06 am

    Property Features for 103 NW Us Highway 19

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CG,CH,CITY
    APN
    1074053
    Parking features
    Driveway
    Interior features
    HighCeilings
    Exterior features
    PavedDriveway
    Size
    2,646 SF
    Lot size
    0.35 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1946
    Floors in Building
    1
    Flooring type
    Carpet
    Roof type
    Flat

    We can help!

    Listing Contact
    Joseph Zubrzycki

    Century21 J.W. Morton Real Estate, Inc (352) 726-6668

    Listing agent Joseph Zubrzycki (352) 726-6668 License #3537255

    Listing date Feb 23, 2026

    MLS# 852563

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Highway 19 Commercial Opportunity

    Located in the heart of Crystal River, Florida, this freestanding commercial building presents a prime opportunity on Highway 19. The property, situated on a corner parcel, offers visibility, access, and redevelopment potential. The 2646 square foot concrete block building is configured with showroom-style rooms, private offices, storage areas, two restrooms, and an electrical/mechanical room. The flexible floor plan can accommodate retail, gallery, office, specialty shop, service business, or mixed-use conversion, subject to zoning approval. Key features include frontage and traffic exposure on US Highway 19, a corner lot with ingress/egress, on-site parking, a 324 square foot covered front canopy, and open interior spaces suitable for reconfiguration. Visible signage opportunities are available. The property is located near the City Hall, which is currently under construction, and is surrounded by local businesses, marinas, restaurants, and tourism-driven traffic. Its location benefits from Crystal River's visitor activity and local customer base. Proximity to the head waters of The Crystal River, the Gulf, Three Sisters Springs, and area boat launches enhances commercial appeal. The lot size is 0.35 acres. The zoning is CG, CH, and CITY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Floor Coverings International The Nature Coast, FL

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.594432
    Latitude
    28.90001

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    FAQs

    What type of property is this?
    Showroom - Freestanding commercial building with high visibility and redevelopment potential.
    Where is this showroom located?
    The property is located at 103 NW Us Highway 19 Crystal River, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime location directly on US Highway 19 with high visibility and traffic exposure.; - Flexible 2646 SQ FT interior space suitable for various commercial uses and reconfiguration.; - Corner lot with excellent ingress/egress and on-site parking.
    (815) 482-9898
    Request Owner's contact information
    103 NW Us Highway 19 Crystal River, FL 34428
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    Crystal River, FL 34428
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 NW Us Highway 19 Crystal River, FL 34428
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    We can help!
    Listing Contact
    Joseph Zubrzycki
    Real Estate License ID: 3537255
    (815) 482-9898 (352) 726-6668
    Learn more
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