Mixed-Use Retail and Auto
For Sale
$550,000
6680 W GULF TO LAKE Hwy, Crystal River, FL 34429
High-visibility mixed-use property on a heavily traveled commercial corridor.
Property Size6,523 SF
Lot Size0.99 Acres
Price / SF$84.32
Days on Market94
Property Features for 6680 W GULF TO LAKE Hwy
General Information
Standard status
Active
Size
6,523 SF
Lot size
0.99 Acres
Property subtype
Commercial
Building Details
Year Built
1983
Listing Agency:
Century21 J.W. Morton Real Estate, Inc
(352) 400-2635
Listed By:
Elias Kirallah · License #3123414
(352) 400-2635
Source:
Elliman
Added: Apr 28
Changed: Jul 10
Last Checked: Jul 30 at 9:36AM
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 Century21 J.W. Morton Real Estate, Inc
Investment Insights
Based on property information with market context.
This mixed-use retail and auto service/flex warehouse property is positioned along Citrus County’s most heavily traveled commercial corridor, directly on West Gulf to Lake Highway (SR 44) in Crystal River. The location benefits from high traffic, with State Road 44 carrying 17,500 average annual daily traffic (AADT), and proximity to the signalized intersection of County Road 486 and State Road 44, which contributes an additional 17,900 AADT, creating a combined traffic influence of approximately 35,400 vehicles per day. The single-story facility measures approximately 6,523 square feet and is situated on an approximately 0.99-acre commercial parcel, offering 135 feet of frontage on State Road 44 with visibility and signage opportunities. The front State Road 44-facing building is demised into 1,258 square feet of retail/office space, supported by a 450-square-foot single-service garage/storage bay integrated into the main structure. This portion connects to an additional 765 square feet of warehouse/workspace, totaling 2,023 square feet within the primary building footprint, suitable for retail, office, contractor operations, showroom, or hybrid service concepts. Located behind the main building is a dedicated 4,500-square-foot auto service garage/flex warehouse space, featuring four wide grade-level roll-up doors with pull-through functionality, 15-foot clear ceiling height, and both single-phase and three-phase electrical panels. The surrounding area includes national retailers, service providers, and essential infrastructure, such as Walmart Supercenter, Publix, Lowe’s, Walgreens, CVS, ALDI, Bealls Outlet, Dollar General, Family Dollar, AutoZone, Advance Auto Parts, Tractor Supply Co., and McDonald’s. Demographics within a 15-minute drive reflect a population of 17,551 residents, a median household income of $53,000, and an average age of 61.2.
Key Highlights
- High traffic location on W Gulf to Lake Highway (SR 44) with approximately 35,400 vehicles per day.
- Mixed‑use property with both retail/office space and a dedicated 4,500 SF auto service garage/flex warehouse.
- Auto service garage features four grade‑level roll‑up doors, 15’ clear ceiling height, and both single‑phase and three‑phase electrical panels.
Financial Insights For Industrial
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 | $65.0k | $9.96 |
| − Vacancy | −$3.6k | −$0.55 |
| EGI | $61.4k | $9.41 |
| − OpEx | −$18.4k | −$2.82 |
| NOI | $43.0k | $6.59 |
6,523 SF · lease $9.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.07M
$934.5K – $1.25M
NOI $74,762 @ 7.0% cap · market cap 13.59%
Second Best
Retail
$895.3K
$783.4K – $1.04M
NOI $62,670 @ 7.0% cap · market cap 11.39%
Theoretical Best
Specialty Retail
$1.47M
$1.28M – $1.71M
NOI $102,599 @ 7.0% cap · market cap 18.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 34429, FL
8,837
Population
5,458
Households
1.6
Avg Household Size
60
Median Age
25%
College-Educated
90%
High-School Grad
41.4 sq mi
ZIP Area
213
Density / Sq Mi
$57,716
Median Household Income
$36,577
Median Earnings
$1,070
Median Rent
$220,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - High-visibility mixed-use property on a heavily traveled commercial corridor.
Where is this mixed-use property located?
The property is located at 6680 W GULF TO LAKE Hwy Crystal River, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High traffic location on W Gulf to Lake Highway (SR 44) with approximately 35,400 vehicles per day.; Mixed‑use property with both retail/office space and a dedicated **4,500 SF auto service garage/flex warehouse.**; Auto service garage features **four grade‑level roll‑up doors, 15’ clear ceiling height, and both single‑phase and three‑phase electrical panels.**
