Retail Building with Covered
103 NW US Highway 19, Crystal River, FL 34428
For Sale
$499,000
Commercial Sale, Crystal River, FL
Property Size2,646 SF
Lot Size0.35 Acres
Price / SF$188.59
Days on Market261
Property Features for 103 NW US Highway 19
General Information
Property type
Property subtype
Zoning
Parking features
Lot features
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Corner Location
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Cooling system
Water source
Amenities
front canopy
Building Details
Year built
Flooring type
Roof type
Buildings
Listing Agency:
CENTURY 21 J.W.MORTON R.E. · Century 21 Real Estate
(352) 726-6668
Listed By:
Joseph Zubrzycki · License FL #3537255
(815) 482-9898
Added: Feb 23
Changed: Nov 10
Last Checked: Nov 10 at 2:06AM
MLS# CC852563
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail property is a concrete block building with multiple open showroom-style rooms, private offices, storage areas, two restrooms, and an electrical and mechanical room. A covered front canopy adds a sheltered area, and the lot includes driveway parking. The building was constructed in 1946 and has central air, carpet and tile flooring, and a flat roof. Public water and sewer serve the property. The site measures 0.35 acres, and the reported canopy area is 324 square feet.
The property fronts US Highway 19 on a corner parcel in Crystal River. City Hall, currently under construction, adjoins the site; local businesses, marinas, and restaurants are also in the surrounding area. The stated zoning designations are CG, CH, and CITY.
The property fronts US Highway 19 on a corner parcel in Crystal River. City Hall, currently under construction, adjoins the site; local businesses, marinas, and restaurants are also in the surrounding area. The stated zoning designations are CG, CH, and CITY.
Key Highlights
- 0.35‑acre corner parcel fronting US Highway 19
- Freestanding concrete block building constructed in 1946
- 324‑square‑foot covered front canopy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,421
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,420
$508.4K
Cap Rate 7%
$363,157
$363.2K
Cap Rate 9%
$282,456
$282.5K
Market Conditions
NOI Build-Up for 2,646 SF
Gross rent
$39.7K $15.00/SF
− Vacancy
−$3.4K −$1.28/SF
EGI
$36.3K $13.73/SF
− OpEx
−$10.9K −$4.12/SF
NOI
$25.4K $9.61/SF
Area
Citrus County, FL
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,420
Cap Rate 7%
$363,157
Cap Rate 9%
$282,456
Alternative Uses
Best Use
Retail
$363.2K
$317.8K – $423.7K
NOI $25,421 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$594.6K
$520.2K – $693.7K
NOI $41,619 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 29%
Electronics 2%
McDonald's
Dining
29,141 visits/mo
0.5 miles
BP
Shops & Services
11,606 visits/mo
0.4 miles
Fish House
Dining
10,904 visits/mo
0.1 miles
SUBWAY
Dining
7,220 visits/mo
0.4 miles
Chevron
Shops & Services
3,950 visits/mo
0.1 miles
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
$236,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Citrus County, FL
Properties on Market for Retail space in Citrus County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The interior includes showroom-style rooms, private offices, storage, and two restrooms.
Where is this retail space 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 $499,000.
What are key features of this property?
This property features: 0.35‑acre corner parcel fronting US Highway 19; Freestanding concrete block building constructed in 1946; 324‑square‑foot covered front canopy
