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Investment Highlights

  • Price Improved to $11,000,000 — Nearly $4.75 Million Below Recent Appraisal
  • 109,406 SF Across Eight Buildings, Including Seven Climate-Controlled Industrial Facilities
  • Direct US-19 Frontage With Approximately 29,000 Vehicles Per Day
  • Largest active commercial site in Citrus County: 26.11 acres across 4 buildable parcels on US-19.
  • Renovated Improvements With New Roofs, Newer HVAC, Spray Foam Insulation, and New Garage Doors
  • Strong Owner-User, Lease-Up, Rental Income, and Future Development Potential

Executive Summary

***** 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.

Property Facts

Price $11,000,000
Price / SF $100.54 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 109,406 SF
Total Land Area 26.11 AC
  • Listing ID: 38319473

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 109K SF Owner/User Campus - 26.11 Acres, Homosassa, FL

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