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    Commercial Building on US-19 Title is generated by Realmo AI

    4314 N Suncoast Boulevard, Crystal River, FL 34428

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    Claim this Listing
    For Sale
    $850,000

    Commercial building with flexible space and ample parking on US-19.

    Property size:
    4,599 SF
    Lot size:
    0.92 Acres
    Price / SF:
    $184/SF
    Added:
    Aug 21, 2024
    Days on Market:
    667
    Last Refresh:
    Jan 20 at 9:04 am

    Property Features for 4314 N Suncoast Boulevard

    General Information

    Standard status
    Active
    Size
    4,599 SF
    Lot size
    0.92 Acres

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    Listing Contact
    Deana Lainhart
    Deana Lainhart

    Listing agent Deana Lainhart License #3372419

    Listing office keller williams realty smart

    Listing date Aug 21, 2024

    Source Exprealty

    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 keller williams realty smart

    HighLights

    • Directly on US‑19
    • 4599 square feet of flexible interior space
    • 5 separate front entrances
    • More than 30 parking spaces
    • 3 bathrooms
    • Potential Net Operating Income (NOI) up to $76,980/year

    Overview

    This commercial building, located directly on US-19, offers a business opportunity with 4599 square feet of flexible interior space. The building features 5 separate front entrances and 3 bathrooms. Over 30 parking spaces are available. The property's versatility makes it suitable for a variety of business or retail needs. The building is positioned in Crystal River, Florida. The property presents opportunities for business expansion or investment. Future potential Net Operating Income (NOI) is projected up to $76,980 per year.

    Local 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 $82.8k $18.00
    − Vacancy −$18.2k −$3.96
    EGI $64.6k $14.04
    − OpEx −$16.1k −$3.51
    NOI $48.4k $10.53
    4,599 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $691.8K
    $605.3K – $807.1K (±1% cap)
    NOI $48,427 @ 7.0% cap · market cap 5.70%
    Second Best
    Retail
    $631.2K
    $552.3K – $736.4K (±1% cap)
    NOI $44,185 @ 7.0% cap · market cap 5.20%
    Theoretical Best
    Specialty Retail
    $1.03M
    $904.2K – $1.21M (±1% cap)
    NOI $72,337 @ 7.0% cap · market cap 8.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Precision barber & salon ... Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.6138
    Latitude
    28.9241

    FAQs

    What type of property is this?
    Office building - Commercial building with flexible space and ample parking on US-19.
    Where is this office building located?
    The property is located at 4314 N Suncoast Boulevard Crystal River, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Directly on US‑19; 4599 square feet of flexible interior space; 5 separate front entrances
    More about this property
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