Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1160 Suncoast Blvd Crystal River, FL 34429-5474
    Back to Search
    Property profile & analytics

    1160 Suncoast Blvd, Crystal River, FL 34429-5474

    View on Map
    • Banks
    • 4,148 SF
    • 2.19 lot acres
    Off-Market
    Property ID
    US18-2653329
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Seacoast Bank / Bank / Loan Service

    Property Details for 1160 Suncoast Blvd

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.19 lot acres
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Banks
    APN
    17E-18S-27-33130
    APU
    17E18S2733130

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 22, 2020 — Christopher A Ensing — Deed · related $128k · Drummond Cmnty Bk
    Jan 5, 2017 $795,000 Drummond Cmnty Bk Mills Cr Property LLC Warranty Deed —
    May 19, 2011 $435,000 Mills Cr Property LLC Regions Bk Grant Deed —
    — — Christopher A Ensing — Deed Of Trust · related $128k · Drummond Cmnty Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.5822
    Latitude
    28.8789
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,628
    $268,860
    $452,455
    $721,315
    -
    $268,860
    $452,455
    $721,315

    Comparable in this City

    • Value Estimation
      $3,725,000
      9,700 SF

      1502 Us Hwy 19

      FINANCIAL BUILDING
      1502 Us Hwy 19, Crystal River, FL 34429-4824
      View Details
    • Value Estimation by Request
      672 SF

      6901 Gulf To Lk Hwy

      FINANCIAL BUILDING
      6901 Gulf To Lk Hwy, Crystal River, FL 34429-7805
      View Details
    • Value Estimation by Request
      4,454 SF

      101 Us Hwy 19

      FINANCIAL BUILDING
      101 Us Hwy 19, Crystal River, FL 34429-4838
      View Details
    • Value Estimation by Request
      3,757 SF

      6730 Gulf To Lk Hwy

      FINANCIAL BUILDING
      6730 Gulf To Lk Hwy, Crystal River, FL 34429-9424
      View Details
    • Value Estimation
      $525,000
      10,559 SF

      865 Us Hwy 19

      FINANCIAL BUILDING
      865 Us Hwy 19, Crystal River, FL 34429-4161
      View Details
    • Value Estimation by Request
      3,880 SF

      1000 Us Hwy 19

      FINANCIAL BUILDING
      1000 Us Hwy 19, Crystal River, FL 34429-4816
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Former Bank Branch on Highway

      3,906 SF former bank branch with drive-thru on 1.09 acres.
      1000 SE Us Highway 19, Crystal River, FL 34429
      View Details
    • New
      Contact for pricing
      3,906 SF

      Freestanding Former Bank with Drive-Thru

      Freestanding former bank branch with four drive-thru lanes and strong US Highway 19 visibility under C2A zoning.
      1000 SE Us Highway 19, Crystal River, FL 34429
      View Details
    • $712,500
      7,090 SF

      Downtown Crystal River Retail Opportunity

      Free-standing building in Crystal River's historical downtown.
      669 NE Us Highway 19, Crystal River, FL 34429
      View Details
    • $4,200,000

      Neighborhood Shopping Center and Storage

      Prime commercial property with retail and storage units for sale.
      940 N Suncoast Blvd, Crystal River, FL 34429
      View Details
    • $575,000

      Mixed-Use Retail and Auto Property

      High-visibility mixed-use property on a heavily traveled commercial corridor.
      6680 W Gulf To Lake Hwy, Crystal River, FL 34429
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,240 SF

      Retail Space on US-19

      Retail spaces available on high-traffic US-19 in Crystal River.
      298-430 N Suncoast Blvd, Crystal River, FL 34429
      View Details
    • Contact for pricing
      1,960 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a high-traffic shopping center.
      6738-6790 W Gulf Lk Hwy, Crystal River, FL 34429
      View Details
    • $27,200
      1,600 SF

      Retail Space on Suncoast Boulevard

      Retail space available for lease on US Highway 98.
      936 N Suncoast Blvd, Crystal River, FL 34429
      View Details
    • Contact for pricing

      Crystal River Commercial Office Space

      Commercial office space available for rent in Crystal River.
      268 S Suncoast Blvd, Crystal River, FL 34429
      View Details
    • $750 /Mo
      7,596 SF

      Professional Offices on US 19

      Prime location, professional offices available for lease on US 19.
      268 S Suncoast Blvd, Crystal River, FL 34429
      View Details
    • $11 SF/Yr
      11,860 SF

      Crystal River Two-Story Office Space

      11,860 SF office space for lease in Crystal River, Florida.
      1624 N Meadowcrest Blvd, Crystal River, FL 34429
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1160 Suncoast Blvd
    Crystal River, FL 34429-5474
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1160 Suncoast Blvd, Crystal River, FL, 34429
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!