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Property profile & analytics
FOR SALE
Commercial land

8320 S Suncoast Blvd Homosassa, FL 34446

8.8 ac lot
Entity Owned 19-yr Hold Free & Clear
Property ID
US18-2856226
Property summary
AI-generated overview

This exceptional commercial land offering encompasses 19.83 acres in desirable Homosassa, Florida. Located at 8320 S Suncoast Blvd, 34446, this property presents a unique investment opportunity in a rapidly growing area of Citrus County. The land is zoned General Commercial (GNC), allowing for diverse development possibilities. Strategically situated between Publix and Walmart along US Highway 19, and conveniently close to Florida Toll 589, this location ensures high visibility and accessibility. The property's proximity to the affluent Sugarmill Woods Country Club community, with over 4,000 homes, provides a substantial potential customer base. The site is divisible into four separate parcels: 1.37 acres, 6.84 acres, 8.85 acres, and 2.77 acres, offering flexibility for various development scenarios. This prime location benefits from above-average area incomes and a thriving population exceeding 26,000 residents within a five-mile radius. Capitalize on the significant growth potential of Citrus County and secure this exceptional commercial land investment today. The property's strategic location and zoning make it ideal for a wide range of commercial ventures, promising substantial returns for the discerning investor.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 8.8 ac (383,328 SF)
Zoning code GNC GEN COMMERCIAL
APN 17E-20S-13-22400
UPID US18-2856226
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Racetrac Petroleum INC · 19 yrs held
Racetrac Petroleum INC
since 2007
4 recorded transactions
2007
$2.3M
2002
$53,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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