Investment Overview

Positioned Along US Highway 19 (Suncoast Boulevard), this 7.1 Acre Development Site Represents a Rare Opportunity to Establish a Retail or Service Oriented Project Within one of Citrus County’s Primary Commercial Corridors. The Property Benefits From Strong Frontage and Visibility Along a Heavily Trafficked Arterial, with Traffic Counts of Approximately 14,100 VPD at the Site, Increasing to 19,021 VPD Northbound and 9,000 VPD Along US 98, Creating Consistent Daily Consumer Exposure. The Site Offers Approximately 7.1 Usable Acres for Development, Providing Flexibility for a Variety of Uses Including QSR, Fuel/Convenience, Medical, Thoughtful Site Planning While Still Maintaining Strong Access and Visibility. Strategically Located at the Convergence of US 19 and US 98, the Property Sits Within Homosassa’s Primary Retail Node, Surrounded by National Tenants and Daily-Needs Drivers. This Corridor Serves as the Main North-South Commercial Spine Through Citrus County, Capturing both Local Residents and Regional Traffic Traveling Between Crystal River, Spring Hill, and the Greater Tampa Bay Region From a Macro Perspective, Citrus County Continues to Experience Steady Population and Employment Growth, with Total Employment Exceeding 53,000 Jobs and Growing over 4.5% year-over-year. The Local Economy is Anchored by Healthcare, Retail, and Construction, all of Which Directly Support Demand for Service Retail and Restaurant uses. Additionally, the Broader Homosassa Market Benefits from Ongoing in-Migration Trends and Rising Household Incomes, with Recent data Showing Income Growth Exceeding 10% Year-Over-Year. The Area’s Employment Base is Heavily Weighted Toward Retail, Hospitality, and Healthcare Sectors, Which are key Demand Drivers for QSR, Convenience Retail, and Medical Service Users. This Dynamic, Combined with a Growing Retiree Population and Tourism Traffic to the Gulf Coast, Creates a Consistent Need for Accessible, Service-Oriented Commercial Development. For Developers, This Site Presents a Compelling Opportunity to Enter an Undersupplied Retail Corridor With Limited Competition for new Construction Sites of Scale. The Combination of Strong Highway Exposure, Growing Population Trends, and a Service-Driven Local Economy Positions This Asset as an Ideal Location for Both National and Regional Tenants Seeking Expansion Within Florida’s Gulf Coast Markets.