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Crystal River Commercial Opportunity

4314 N SUNCOAST Blvd, Crystal River, FL 34428

For Sale
$1,300,000

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

Property Size4,599 SF
Lot Size0.92 Acres
Price / SF$282.67
Days on Market242

Property Features for 4314 N SUNCOAST Blvd

General Information

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

Taxes and HOA fees

Annual Taxes $2,968

Building Details

Building Size 4,599 SF
Year Built 1986
Stories 1
Listing Agency: KELLER WILLIAMS REALTY SMART
Listed By: Deana Lainhart · License #3372419
Source: Elliman
Added: Mar 11 Changed: Sep 4 Last Checked: Aug 25 at 5:03AM

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

Rey
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Investment Insights

Based on property information with market context.

This commercial building is located in Crystal River and offers a business opportunity. Positioned directly on US-19, the building features 4599 square feet of space, with 5 separate front entrances and flexible interior spacing. There are 3 bathrooms. The property includes more than 30 parking areas. This building offers versatility to suit a variety of business or retail needs. The property offers the space, amenities, and location for expanding a business or seeking an investment opportunity. Future possible Net Operating Income (NOI) up to $76,980/year.

Key Highlights

  • Prime location directly on US‑19.
  • High potential Net Operating Income (NOI) up to $76,980/year.
  • Large building with 4599 square feet of flexible interior space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,427
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,540 $968.5K
Cap Rate 7%
$691,814 $691.8K
Cap Rate 9%
$538,078 $538.1K
Market Conditions
NOI Build-Up for 4,599 SF
Gross rent
$82.8K $18.00/SF
− Vacancy
−$18.2K −$3.96/SF
EGI
$64.6K $14.04/SF
− OpEx
−$16.1K −$3.51/SF
NOI
$48.4K $10.53/SF
Area
Citrus County, FL
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,540
Cap Rate 7%
$691,814
Cap Rate 9%
$538,078

Alternative Uses

Best Use
Office B
$691.8K
$605.3K – $807.1K (±1% cap)
NOI $48,427 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.03M
$904.2K – $1.21M (±1% cap)
NOI $72,337 @ 7.0% cap · market cap 5.56%
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

Precision barber & salon ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Electrical Service Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

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

Properties on Market for Office buildings in Citrus County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial building on US-19 with flexible space and ample parking.
Where is this office building located?
The property is located at 4314 N SUNCOAST Blvd Crystal River, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location directly on US‑19.; High potential Net Operating Income (NOI) up to $76,980/year.; Large building with **4599 square feet** of flexible interior space.
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