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Property profile & analytics
OFF-MARKET
Office buildings

1756 Suncoast Blvd Homosassa, FL 34448-1468

1,035 SF 0.89 ac lot Built 1973
Individually Owned 6-yr Hold Free & Clear
Property ID
US18-0493454
Property summary
AI-generated overview

This exceptional commercial property, located at 1756 S Suncoast Boulevard in Homosassa, Florida, presents a unique investment opportunity. Boasting 1,385 square feet on a 0.89-acre lot, this retail space is strategically positioned on the highly trafficked US Highway 19/Suncoast Boulevard, offering approximately 109 feet of road frontage. The property benefits from a high average annual daily traffic count of 23,500 vehicles. The existing structure is a two-story A-frame building, currently configured as an office space with a break room, restroom, office area, and loft. Five carports and additional storage areas are also included. The property is fully fenced and features public water and septic. Its location in Homosassa provides easy access to the Suncoast Parkway (589 Toll Road), the Gulf of Mexico, Homosassa River, and Chassahowitzka River, making it attractive to both residents and tourists. The property is zoned GNC. Citrus County boasts a robust local economy and a growing population, experiencing a 15.1% increase from 2010 to 2023. This prime location and versatile building offer significant potential for a variety of commercial ventures. The asking price is $599,900.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction WOOD
Total area 1,035 SF
Lot 0.89 ac (38,800 SF)
Zoning code GNC GEN COMMERCIAL
APN 17E-19S-10-0020-000A0-023.5
UPID US18-0493454
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mills Auto Sales Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Anthony Mills · 6 yrs held
Anthony Mills
since 2020
Last sale
$200,000
6 recorded transactions
2023
Price N/A
2022
Price N/A
2020
Price N/A
2011
$225,000
1999
$145,000
1969
Price N/A
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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