Neighborhood Retail Center with Highway
4065-4069 S Suncoast Blvd Homosassa, FL 34446
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For Sale
Contact for pricing
Three-unit neighborhood retail center on GNC-zoned land with direct US Highway 19 frontage and dedicated parking.
Property Size4,260 SF
Lot Size0.29 Acres
Price / SF$164.08
Days on Market7
Property Features for 4065-4069 S Suncoast Blvd
General Information
Standard status
Active
Size
4,260 SF
Lot size
0.29 Acres
Property subtype
RETAIL
Listing Agency:
CENTURY 21 J W Morton Real Estate, Inc.
(352) 400-2635
Listed By:
Elias George Kirallah · License #3123414
(352) 400-2635
Source:
Moodyscre
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 28 at 1:45PM
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 three-unit, income-producing neighborhood retail center totals 4,260 square feet across 2,400 SF, 930 SF, and 930 SF units. The property sits on 0.29 acres of GNC-zoned commercial land and includes 18 dedicated parking spaces.
The center is located along US Highway 19, described as the dominant commercial corridor of Homosassa, with 185 feet of direct highway frontage and exposure to 27,000 vehicles per day. Right-in/right-out access is provided via an off-site connection from South Suncoast Blvd. The site is positioned just south of the signalized Grover Cleveland Blvd / Halls River Road intersection.
Currently, two units are occupied and one unit is vacant, presenting an opportunity for an investor to pursue additional occupancy or for an owner-user to offset operating costs with rental income.
The center is located along US Highway 19, described as the dominant commercial corridor of Homosassa, with 185 feet of direct highway frontage and exposure to 27,000 vehicles per day. Right-in/right-out access is provided via an off-site connection from South Suncoast Blvd. The site is positioned just south of the signalized Grover Cleveland Blvd / Halls River Road intersection.
Currently, two units are occupied and one unit is vacant, presenting an opportunity for an investor to pursue additional occupancy or for an owner-user to offset operating costs with rental income.
Key Highlights
- Three‑unit neighborhood retail center totaling 4,260 SF (2,400 SF + 930 SF + 930 SF)
- 0.29‑acre parcel of GNC‑zoned commercial land with 185 ft of direct US Highway 19 frontage
- Exposure to approximately 27,000 vehicles per day along the Homosassa commercial corridor
Financial Insights For Retail
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 | $63.9k | $15.00 |
| − Vacancy | −$5.4k | −$1.28 |
| EGI | $58.5k | $13.73 |
| − OpEx | −$17.5k | −$4.12 |
| NOI | $40.9k | $9.61 |
4,260 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$584.7K
$511.6K – $682.1K
NOI $40,928 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$957.2K
$837.6K – $1.12M
NOI $67,005 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Springs Plaza — 3928 S Suncoast Blvd, Homosassa, FL 34448
- Homosassa Regional Shopping Center — 3768 s suncoast blvd, homosassa, fl 34448
- Coin Cloud Bitcoin ATM — 4516 S Suncoast Blvd, Homosassa, FL 34446
- Florida MV Express Kiosk — 3942 S Suncoast Blvd, Homosassa Springs, FL 34448
- Coinstar Kiosk | Bitcoin ATM — Winn Dixie, 3792 S Suncoast Blvd, Homosassa, FL 34448
Frequently Asked Questions
What type of property is this?
Shopping center - Three-unit neighborhood retail center on GNC-zoned land with direct US Highway 19 frontage and dedicated parking.
Where is this shopping center located?
The property is located at 4065-4069 S Suncoast Blvd Homosassa, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three‑unit neighborhood retail center totaling 4,260 SF (2,400 SF + 930 SF + 930 SF); 0.29‑acre parcel of GNC‑zoned commercial land with 185 ft of direct US Highway 19 frontage; Exposure to approximately 27,000 vehicles per day along the Homosassa commercial corridor
