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Property profile & analytics
OFF-MARKET Estimated value $1,835,000
Banks

180 Suncoast Blvd Crystal River, FL 34429-5442

5,534 SF 6.22 ac lot Built 2003
Entity Owned Free & Clear
Property ID
US18-2326508
Property summary
AI-generated overview

This exceptional 5,534-square-foot retail property, situated on a 1.42-acre lot in Crystal River, Florida, presents a compelling investment opportunity. Previously occupied by Truist Bank, this vacant building offers a versatile layout ideal for various uses, including a bank, quick-service restaurant, or full-service restaurant, as permitted by the CH zoning. The property boasts eight large offices, a teller counter, employee kitchen, two restrooms, and a substantial bank vault, all within a well-maintained structure built in 2003. Its strategic location on highly trafficked US Hwy 98 (27,000 AADT) ensures exceptional visibility, enhanced by a large pylon sign and multiple points of ingress/egress at a lighted intersection. The property's convenient location, just five minutes from downtown Crystal River, offers easy access to a thriving tourist area and the nearby King's Bay, known for its manatee population and numerous attractions. Furthermore, its proximity to the Crystal River Shopping Plaza and major retailers like Home Depot, Chili's, Applebee's, and Bealls provides significant synergy and potential for increased foot traffic. The ample 1.42-acre lot size also presents a compelling redevelopment opportunity for those seeking to maximize the property's potential. The asking price is $1,995,000, translating to $360.50 per square foot. The property includes 43 parking spaces.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2003
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,534 SF
Lot 6.22 ac (270,900 SF)
Zoning code CH HIGH INTENSITY COMMERC
APN 17E-18S-34-33000-00B.0
UPID US18-2326508
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
  • BB&T Mortgage Loan Service Bank
  • BB&T ATM Atm
  • ATM (BB&T) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.84M
Owner & transaction history
Wmg Acquisitions LLC
Wmg Acquisitions LLC
since 2026
Last sale
$1.8M
4 recorded transactions
2026
$1.8M
2023
$1.9M
2022
$440,000
2010
$1.8M
Zoning & alternative use
CH HIGH INTENSITY COMMERC · Crystal River, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.2M +150.5%
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