Freestanding Storefront with
For Sale
Contact for pricing
103 NW US Highway 19, Crystal River, FL 34428
Corner-site commercial building with showroom areas, private offices, customer parking, and flexible space for retail or office use.
Property Size2,970 SF
Price / SF$201.68
Days on Market13
Property Features for 103 NW US Highway 19
General Information
Standard status
Active
Size
2,970 SF
Property subtype
RETAIL
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Amenities
covered front canopy
Building Details
Buildings
1
Construction
concrete block
Listing Agency:
CENTURY 21 J W Morton Real Estate, Inc.
(815) 482-9898
Listed By:
Joseph Zubrzycki · License #3537255
(815) 482-9898
Source:
Moodyscre
Added: Jul 23
Changed: Aug 1
Last Checked: Aug 4 at 11:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 J W Morton Real Estate, Inc.
Investment Insights
Based on property information with market context.
This freestanding storefront property occupies a corner parcel at 103 NW US Highway 19 in Crystal River. The concrete block building includes several large showroom-style rooms, private offices, storage areas, two restrooms, and a separate electrical and mechanical room. A covered 324 SQ FT canopy extends across the front, while the interior layout can be reconfigured for retail, gallery, office, specialty shop, or service-oriented use subject to zoning approval.
The property has frontage along US Highway 19, on-site parking, and access from a prominent corner position. It adjoins the City Hall project currently under construction and is surrounded by local businesses, marinas, restaurants, and visitor-oriented activity. The site is also near downtown, waterfront amenities, boat launches, Three Sisters Springs, the Crystal River headwaters, and the Gulf.
The property has frontage along US Highway 19, on-site parking, and access from a prominent corner position. It adjoins the City Hall project currently under construction and is surrounded by local businesses, marinas, restaurants, and visitor-oriented activity. The site is also near downtown, waterfront amenities, boat launches, Three Sisters Springs, the Crystal River headwaters, and the Gulf.
Key Highlights
- Corner parcel with frontage along US Highway 19
- Covered 324 SQ FT front canopy
- Multiple showroom‑style rooms plus private offices and storage
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.5k | $18.00 |
| − Vacancy | −$11.8k | −$3.96 |
| EGI | $41.7k | $14.04 |
| − OpEx | −$10.4k | −$3.51 |
| NOI | $31.3k | $10.53 |
2,970 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$446.8K
$390.9K – $521.2K
NOI $31,274 @ 7.0% cap · market cap 5.22%
Second Best
Retail
$407.6K
$356.7K – $475.6K
NOI $28,534 @ 7.0% cap · market cap 4.76%
Theoretical Best
Specialty Retail
$667.4K
$583.9K – $778.6K
NOI $46,715 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34428, FL
9,583
Population
5,058
Households
1.9
Avg Household Size
54
Median Age
20%
College-Educated
89%
High-School Grad
67.1 sq mi
ZIP Area
143
Density / Sq Mi
$48,185
Median Household Income
$29,589
Median Earnings
$890
Median Rent
$236,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Corner-site commercial building with showroom areas, private offices, customer parking, and flexible space for retail or office use.
Where is this storefront property 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: Corner parcel with frontage along US Highway 19; Covered 324 SQ FT front canopy; Multiple showroom‑style rooms plus private offices and storage
