180 Suncoast Blvd Crystal River, FL 34429-5442
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.
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BB&T Mortgage Loan Service Bank
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BB&T ATM Atm
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ATM (BB&T) Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CH HIGH INTENSITY COMMERC · Crystal River, FLCrystal River. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.