Property profile

6614 S Suncoast Blvd Homosassa, FL 34446

FOR SALE
Commercial land
Property ID
US18-2833143
18.09 ac lot
Trust Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 18.1-acre commercial property presents a remarkable investment opportunity in rapidly growing Citrus County, Florida. Situated at the signalized intersection of US Hwy 19 and W Cardinal Street, this prime location boasts approximately 1,300 linear feet of highway frontage, benefiting from an impressive 25,998 Annual Average Daily Traffic (AADT). The property's strategic position is further enhanced by its proximity to the newly expanded six-lane logistic connection from Hernando County to Fort Island Trail, and the Suncoast Parkway expansion. Zoned for Mixed Use Commercial (see description for details), the land offers significant development potential for a variety of uses, including multifamily residential, professional/medical office, retail, and more. The area is experiencing substantial growth, with Citrus County's population projected to reach 350,000 by 2030, placing it within the 18th largest Metropolitan Statistical Area (MSA) in the U.S. A strong demographic profile exists, with 46,361 residents within a 15-minute drive, boasting an average age of 58 and a median household income of $65,000. Nearby communities include Lecanto, Beverly Hills, and Crystal River, adding to the property's appeal. This is a rare opportunity to acquire a large, strategically located parcel in a high-growth area with excellent access and visibility. The property's mixed-use zoning allows for flexibility in development plans, catering to a wide range of commercial and residential needs. This site is ideally suited for national retailers and developers seeking to capitalize on the region's burgeoning population and economic expansion. The APN is 17E20S12 11300, and the ownership is Fee Simple.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 18.09 ac (788,000 SF)
Zoning code PSO PROF SERVICES/OFFICE
APN 17E-20S-12-11300
UPID US18-2833143

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6614 S Suncoast Blvd Homosassa, FL 34446
Homosassa metro Census 451702 HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2020
Price N/A

Zoning & alternative use

PSO PROF SERVICES/OFFICE · Homosassa, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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