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Property profile & analytics
OFF-MARKET
Commercial real estate

6480 Suncoast Blvd Homosassa, FL 34446

3.42 ac lot
Property ID
US18-0654344
Property summary
AI-generated overview

This exceptional 3.42-acre commercial land parcel presents a prime development opportunity in rapidly growing Citrus County, Florida. Boasting over 250 feet of frontage on US Highway 19 (23,000 AADT), this property benefits from its strategic location on a newly expanded six-lane highway connecting Citrus and Hernando Counties, and serves as a key north-south connector between the Gulf of Mexico and Lake Erie. The property is zoned GNC (General Neighborhood Commercial), allowing for a diverse range of uses, including professional/medical offices, shopping centers, self-storage facilities, and multi-family residential development (up to 10 units per acre, with a 3-story building limit and 20% open space requirement). Its proximity to a Walmart Supercenter and the intersection of US 19 and W Cardinal Drive, near the Suncoast Parkway (a $135 million state investment), further enhances its value. Citrus County is experiencing significant population growth, projected to reach 350,000 residents, with 30,000 new residents expected by 2030. This property is ideally situated within the Tampa-St. Petersburg-Clearwater MSA, the 18th largest in the US. The location is approximately 6 miles south of Homosassa Springs on US 19/S Suncoast Blvd. Detailed information on local road networks and zoning regulations is available upon request. This presents a rare chance to capitalize on the burgeoning growth and development within Citrus County. The APN is 17E20S01 22300 0050. The asking price is $299,900.

Property profile
Verified
Property type Commercial real estate
Lot 3.42 ac (148,975 SF)
APN 17E20S01 22300 0050
UPID US18-0654344
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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