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

    2010 SE Us Highway 19 Crystal River, FL 34429

    Sponsored
    For Sale
    Under Contract
    $2,100,000

    SINGLE_FAMILY - Crystal River, FL

    Type:Retail
    Property size:
    11,205 SF
    Lot size:
    3.55 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 28 at 1:06 pm

    Property Features for 2010 SE Us Highway 19

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    CH
    APN
    1089298
    Parking
    111
    Parking features
    Parking Lot, Driveway
    Exterior features
    PavedDriveway
    Size
    11,205 SF
    Lot size
    3.55 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1981
    Floors in Building
    1
    Flooring type
    Concrete, Carpet, Tile
    Building materials
    Stucco
    Roof type
    Shingle, Asphalt

    We can help!

    Listing Contact
    Elias Kirallah
    Elias Kirallah

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

    Listing agent Elias Kirallah (352) 726-6668 License #3123414

    Listing date Jan 20, 2026

    MLS# 850540

    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

    Retail Plaza in Growing Area

    Triple Towers Plaza is a neighborhood retail center located off the intersection of US Hwy 19 and W G Fort Island Trail. The property is anchored by Anytime Fitness and comprises 11,205 square feet across four units on 3.55 acres. The property has high-intensity commercial zoning. It features 305 feet of frontage on US 19, which experiences 32,500 average annual daily traffic, as well as secondary frontage and access along Fort Island Trail, which experiences 7,300 average annual daily traffic. The site has 111 parking spaces, an existing cell tower lease, and overflow vehicle storage utilized by Jenkins Kia. The plaza is currently 91% occupied, offering income stability with potential for additional growth through lease-up of the remaining vacancy. The property is located within Citrus County, which has a population exceeding 155,582 residents and an annual population growth rate of 1.29%. The area has over 60,000 vacant parcels approved for future development and is experiencing commercial, residential, and mixed-use expansion. The property is surrounded by national and regional businesses and is near the Crystal River tourism and recreation district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AJM Madison Trucking Trucking Company Anytime Fitness Gym 4Eva Hair Studio Barber Shop Naha Sushi Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Crystal Square, Crystal Center, Crystal Square, South Square Plaza, Crystal River Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.583181
    Latitude
    28.880528

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    FAQs

    What type of property is this?
    Shopping center - Anchored retail center with high visibility and growth potential.
    Where is this shopping center located?
    The property is located at 2010 SE Us Highway 19 Crystal River, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Strategic location off US Hwy 19 and W G Fort Island Trail with high traffic counts (32,500 AADT on US 19).; - Anchored by Anytime Fitness, providing a stable tenant base.; - High occupancy rate (91%) offering immediate income stability.
    (352) 400-2635
    Request Owner's contact information
    2010 SE Us Highway 19 Crystal River, FL 34429
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    Crystal River, FL 34429
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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
    2010 SE Us Highway 19 Crystal River, FL 34429
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    We can help!
    Listing Contact
    Elias Kirallah
    Elias Kirallah
    Real Estate License ID: 3123414
    (352) 400-2635
    Learn more
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