Trust Owned 
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Property summary
This exceptional 18.1-acre commercial property presents a remarkable investment opportunity in rapidly growing Citrus County, Florida. Situated at the signalized intersection of US Hwy 19 and W Cardinal Street, this prime location boasts approximately 1,300 linear feet of highway frontage, benefiting from an impressive 25,998 Annual Average Daily Traffic (AADT). The property's strategic position is further enhanced by its proximity to the newly expanded six-lane logistic connection from… Hernando County to Fort Island Trail, and the Suncoast Parkway expansion. Zoned for Mixed Use Commercial (see description for details), the land offers significant development potential for a variety of uses, including multifamily residential, professional/medical office, retail, and more. The area is experiencing substantial growth, with Citrus County's population projected to reach 350,000 by 2030, placing it within the 18th largest Metropolitan Statistical Area (MSA) in the U.S. A strong demographic profile exists, with 46,361 residents within a 15-minute drive, boasting an average age of 58 and a median household income of $65,000. Nearby communities include Lecanto, Beverly Hills, and Crystal River, adding to the property's appeal. This is a rare opportunity to acquire a large, strategically located parcel in a high-growth area with excellent access and visibility. The property's mixed-use zoning allows for flexibility in development plans, catering to a wide range of commercial and residential needs. This site is ideally suited for national retailers and developers seeking to capitalize on the region's burgeoning population and economic expansion. The APN is 17E20S12 11300, and the ownership is Fee Simple.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 18.09 ac
- APN
- 17E-20S-12-11300
- Zoning
- PSO PROF SERVICES/OFFICE
- Assessed value · 2023
- $530,100
- Annual tax · 2023
- $7,942
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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