91 NE Us Highway 19 Crystal River, FL 34428
Property profile & analytics
91 NE Us Highway 19 Crystal River, FL 34428
- Warehouses
- 4,200 SF
- 0.44 lot acres
Property ID
US18-5017065
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Green Dragon Dispensary Crystal River / (Bike/Boat/Book/etc) Store
Property Details for 91 NE Us Highway 19
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.44 lot acres
- Property size
- 4,200 SF
- Zone code
- CH HIGH INTENSITY COMMERC
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 17E-18S-22-0020-215.0
- APU
- 17E18S2200202150
Description
This exceptional investment opportunity presents a fee-simple, single-tenant retail property located at 91 NE US Hwy 19, Crystal River, FL 34429. The 4,163 square foot building, fully renovated in 2023, sits on a 0.44-acre lot and is currently 100% occupied by Green Dragon Cannabis under a net lease. The lease, initiated July 7th, 2023, features a 10-year initial term with a favorable 3% annual rent increase, minimizing landlord responsibilities for operating and capital expenditures. The property boasts a strong 7.00% cap rate and a substantial NOI of $112,644, with an asking price of $1,609,200 ($386.55/sq ft). The strategic location at the southeast corner of Suncoast Blvd (US Hwy 19) and NE 1st Street benefits from high visibility and significant traffic, with a combined AADT of 27,500. Green Dragon Cannabis, a well-established operator with 31 Florida locations, ensures a stable and reliable income stream. This is a prime retail investment in a thriving Florida market. The property is a single-story building.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Crystal River
- County
- Citrus
- State
- Florida
- Longitude
- -82.5843
- Latitude
- 28.8954
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,124
$93,060
$151,100
$244,160
-
$93,060
$151,100
$244,160
