3959 Suncoast Blvd Homosassa, FL 34448-2604
This exceptional 14,364 square-foot freestanding retail building presents a unique investment opportunity in Homosassa, Florida. Located on a 1.51-acre lot zoned GNC, this former CVS pharmacy enjoys a highly visible position at the signalized intersection of South Suncoast Boulevard and West Grover Cleveland Boulevard, boasting 278 feet of frontage on Suncoast Boulevard, a major commercial artery. The property benefits from exceptional visibility, situated directly across from a Publix supermarket and surrounded by a strong concentration of national and regional retailers including McDonald's, Winn-Dixie, Dollar Tree, Dollar General, Ace Hardware, RaceTrac, Walgreens, and Tractor Supply. Ample parking is provided with 89 spaces (6.16 per 1,000 square feet). The building features desirable attributes such as a 20+ foot clear height, a drive-thru, and benefits from over 30,000 vehicles per day (VPD) exposure. The initial estimated monthly rent is $23,342 (base rate) plus applicable sales tax. This property offers significant potential for a variety of retail uses and represents a compelling investment in a thriving commercial corridor. The location's high traffic counts and proximity to established businesses make it an ideal location for a variety of retail businesses. The substantial size and features of the building provide ample space and functionality for a wide range of potential tenants.
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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
GNC GEN COMMERCIAL · Homosassa, FLHomosassa. 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.