1520 S Suncoast Blvd, Homosassa Springs, FL 34448

This rare 8-building industrial and retail portfolio spans 26.11 acres across four contiguous, buildable parcels with direct frontage on US Highway 19 in Citrus County—making it the largest commercially developed, actively marketed property in the region. The site includes 109,406 SF of fully renovated space, comprising seven climate-controlled industrial warehouses—with ceiling heights up to 20 feet —and one fully renovated 2,100 SF restaurant. Buildings 3, 4, 5, 6 and 7 are available for lease and will be subleased by the current owner, ensuring the property is delivered 100% leased at closing. Three tenants are ready to sign 10- year NNN leases at an 8% CAP rate, with Auctionz LLC—an anchor tenant with extremely strong financials—positioned to lead the income profile. The property was comprehensively 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. The main parcel (1520 S Suncoast Blvd) includes 107,306 SF on 19.44 acres zoned Industrial; the three adjacent parcels—1470 S Suncoast Blvd (1.43 acres with the renovated restaurant), 8809 W River Glen Ct (2.03 acres), and 1420 S Suncoast Blvd (3.21 acres)—are zoned General Neighborhood Commercial. Citrus County Land Development has confirmed that 1420 S Suncoast Blvd could support a hotel, motel, or restaurant development up to six stories and 389 rooms. The site supports a wide range of uses including industrial, logistics, self-storage, retail, office, and mixed-use redevelopment, and can be delivered vacant, partially occupied, or stabilized for investment. 

This is the largest commercially developed, actively marketed property in Citrus County. This rare 8-building industrial and retail portfolio spans 26.11 acres across four contiguous, buildable parcels with direct US Highway 19 frontage. It includes 109,406 SF of fully renovated space—seven climate-controlled industrial warehouses and one 2,100 SF restaurant—with ceiling heights up to 20 feet. All industrial buildings were comprehensively 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 with new bathrooms, drywall, lighting, and paint.

Buildings 6 and 7 are available for lease and will be subleased by the current owner to a fourth tenant. The property will be delivered 100% leased at closing.

The property is divisible by parcel, building, or tenant footprint, and can be delivered vacant, partially occupied, or stabilized for investment. Three tenants are ready to sign 10-year NNN leases at an 8% CAP rate, with Auctionz LLC—an anchor tenant with strong financials—positioned to lead the income profile. Buildings 6 and 7 will be subleased to a fourth tenant by the current owner, ensuring full occupancy and stabilized income from day one.

Auctionz LLC and The Bin Spot operate high-volume discount retail models specializing in Amazon-sourced consumer goods, including electronics, apparel, and general merchandise. Their inventory is acquired through Amazon’s liquidation and overstock channels, making this site a regional hub for redistributed e-commerce products. The site also includes a full kitchen, conference room, and on-site gym available to tenants.

The main parcel at 1520 S Suncoast Blvd spans 19.44 acres and includes seven industrial buildings totaling 107,306 SF, zoned Industrial. 1470 S Suncoast Blvd is a 1.43-acre parcel with a fully renovated restaurant. Adjacent parcels include 8809 W River Glen Ct (2.03 acres) and 1420 S Suncoast Blvd (3.21 acres), both zoned General Neighborhood Commercial and buildable with no wetlands per county records; surveys are available. Citrus County Land Development has confirmed that 1420 S Suncoast Blvd could support a hotel, motel, or restaurant up to six stories and 389 rooms.

Each building is separately metered for electric; water is metered per parcel. All buildings are on municipal sewer except Building 7, which operates on septic. With unmatched scale, visibility, and flexible zoning, the site supports a wide range of uses including industrial, logistics, self-storage, retail, office, and mixed-use redevelopment.

Growth Potential: Citrus County is projected to grow from 153,600 residents to 350,000 by 2030. Located within the Tampa MSA— ranked 18th largest in the U.S.—the property benefits from an average daily traffic count of approximately 29,000 vehicles on US Highway 19. Whether for investment, owner-use, or long-term repositioning, this portfolio offers immediate income and lasting upside.