26.11-Acre Industrial/Retail/Restaurant - 109K SF and Direct US-19 Frontage

Highlights:

• 26.11-acre industrial and retail portfolio across four contiguous, buildable parcels with direct US-19 frontage.
• 109,406 SF across eight buildings, including seven climate-controlled industrial warehouses and one fully renovated 2,100 SF restaurant on the 1470 S Suncoast Blvd parcel.
• Recently appraised at $15,750,000 and offered at $11,000,000, nearly $4.75M below that valuation. Appraisal available upon request.
• Ownership is seeking an expedited sale, creating a rare opportunity to acquire a large-scale commercial portfolio at a significant discount.
• Ideal for a headquarters campus, manufacturing facility, redistribution hub, contractor yard, or logistics operation.
• Multiple prospective tenants have expressed interest in long-term leases, creating a path for supplemental income and future stabilization.
• 2024 industrial renovations include new roofs, HVAC systems under three years old, spray foam insulation, and new garage doors; restaurant renovated in 2025.
• Warehouse ceiling heights up to 20 feet; office facilities include a full kitchen, conference room, and on-site gym.
• Includes the main 19.44-acre industrial parcel at 1520 S Suncoast Blvd, the restaurant parcel at 1470 S Suncoast Blvd, and additional GNC parcels at 1420 S Suncoast Blvd and 8809 W River Glen Ct.
• Zoned Industrial and General Neighborhood Commercial, offering flexibility for owner/users, investors, and future commercial development.
• Located within the Tampa MSA, with approximately 29,000 VPD on US-19.
• As reported by Realtor.com, Homosassa Springs was ranked the No. 3 Best Place to Retire by U.S. News & World Report.

Description:

***** PRICE IMPROVED — ASKING $11,000,000 *****

Ownership is seeking an expedited sale, creating a rare opportunity to acquire the property at a significant discount to its recent appraisal. The property recently appraised at $15,750,000 and is now priced at $11,000,000, nearly $4.75 million below that valuation. Appraisal available upon request.

This is the largest commercially developed, actively marketed property in Citrus County. This rare owner/user industrial and retail portfolio spans 26.11 acres across four contiguous, buildable parcels with direct US Highway 19 frontage. The property includes 109,406 SF of renovated space consisting of seven climate-controlled industrial warehouses with ceiling heights up to 20 feet, plus one fully renovated 2,100 SF restaurant located on the 1470 S Suncoast Blvd parcel. All industrial buildings were upgraded in 2024 with new roofs, HVAC systems under three years old, spray foam insulation, and new garage doors. The restaurant was renovated in 2025.

Building 1: 13,214 SF retail | Building 2: 3,620 SF office | Building 3: 12,000 SF industrial | Building 4: 19,112 SF industrial | Building 5: 9,000 SF industrial | Building 6: 18,000 SF industrial | Building 7: 32,360 SF industrial | Building 8: 2,100 SF restaurant.

The primary parcel at 1520 S Suncoast Blvd is well suited for an industrial headquarters, manufacturing facility, redistribution hub, contractor yard, or logistics operation, with flexibility to occupy excess space or generate rental income. Multiple prospective tenants have expressed interest in long-term leases, creating a path for supplemental income and future stabilization.

The property also includes a full kitchen, conference room, and on-site gym available to tenants and staff. The main parcel at 1520 S Suncoast Blvd spans 19.44 acres with seven industrial buildings totaling 107,306 SF. The adjacent 1470 S Suncoast Blvd parcel includes the fully renovated 2,100 SF restaurant, while 1420 S Suncoast Blvd and 8809 W River Glen Ct provide additional General Neighborhood Commercial development potential. Surveys are available, and each building is separately metered for electric.

Located within the Tampa MSA, the property benefits from approximately 29,000 vehicles per day on US-19 and a highly visible position within Homosassa’s established commercial corridor. Eagle Buick GMC is located directly across US-19, with Jenkins Nissan nearby. Other prominent businesses along the corridor include Jenkins Chevrolet, Jenkins Chrysler Dodge Jeep Ram, Jenkins Hyundai, Love Honda, and Village Toyota/Cadillac, reinforcing the strength of the location for high-traffic regional commercial uses. As reported by Realtor.com, Homosassa Springs was ranked the No. 3 Best Place to Retire by U.S. News & World Report.

Located directly on US Highway 19 between Homosassa and Crystal River, this property sits in one of Citrus County’s most visible and commercially active corridors. It spans four contiguous parcels with direct highway frontage: 1520 S Suncoast Blvd (19.44 acres), 1470 S Suncoast Blvd (1.43 acres), 8809 W River Glen Ct (2.03 acres), and 1420 S Suncoast Blvd (3.21 acres).

The site is surrounded by national retailers, logistics hubs, and major automotive dealerships, including Harley-Davidson, Toyota, Honda, Buick, GMC, and Hyundai, all positioned across the street. The corridor sees approximately 29,000 vehicles per day and benefits from proximity to natural springs, tourism destinations, and a growing regional workforce.

Citrus County is projected to grow from approximately 153,600 residents to 350,000 by 2030 and sits within the Tampa MSA, the 18th largest in the U.S. As reported by Realtor.com, Homosassa Springs ranked No. 3 nationally in U.S. News & World Report’s latest Best Places to Retire ranking, further highlighting the area’s affordability, quality of life, and increasing national recognition. The area offers an investor-friendly climate with no personal income tax and favorable zoning for industrial, retail, and mixed-use development.

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