2365 NW US HWY 19 Crystal River FL 34428-6115

Prime Commercial Development Opportunity in Crystal River, FL

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Bring your shovel and vision to this prime 11.51-acre commercial property in the heart of Florida’s Nature Coast, located in the City of Crystal River, Citrus County. With 1,730+ feet of frontage along US Highway 19—a major thoroughfare with 27,500 AADT—this property offers exceptional visibility and accessibility for businesses looking to capitalize on the area's growth.

Zoned CH (High Intensity Commercial), this versatile property is ideal for a wide range of commercial developments, including large-scale businesses, retail stores, quick-service and dine-in restaurants, hotels, professional and medical offices, self-storage facilities, gas stations, convenience stores, drugstores, warehouses, terminals, and shopping centers. Its strategic location provides an excellent opportunity for businesses seeking high traffic exposure and access to a rapidly expanding customer base.

Positioned just north of Crystal River’s Historic Downtown, the site is surrounded by trendy shops, local vendors, charming restaurants, and entertainment venues. The area is experiencing rapid economic growth, with significant new developments already underway. Among them, the former Crystal River Mall is being transformed into a 400-unit residential apartment community with mixed-use retail, bringing an influx of new residents and potential customers. Additionally, directly adjacent to the rear boundary of the property, Hidden Lake RV Resort—an 85-acre development with 580 RV lots—is under construction, further increasing demand for commercial services in the area.

As Citrus County continues to expand, its current population of 153,600 residents is projected to more than double to 350,000 by 2030, according to the County’s Land Development Code. This surge in population, coupled with the county’s inclusion in the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), which ranks as the 18th largest in the United States, positions the area as a highly attractive destination for both businesses and residents.

Homosassa and the surrounding communities have also benefited from major revitalization efforts, including investments in Liberty Park and the Depot District in Inverness. Furthermore, the $135 million expansion of the Suncoast Parkway, along with planned extensions, will enhance regional connectivity, bringing additional economic opportunities to the area. These infrastructure improvements will facilitate increased traffic flow, tourism, and business expansion, making this property even more valuable for commercial development.

Within a 15-minute drive, the property serves a strong customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000. This demographic ensures a solid foundation for businesses looking to establish themselves in a thriving, dynamic market. The continued residential and commercial growth in the region makes this an ideal investment opportunity for businesses seeking a high-visibility location with access to a rapidly growing population.

Zoning & Development Potential

The property is zoned CH (High Intensity Commercial), allowing for a diverse range of commercial uses, including:

• Large-scale businesses & commercial enterprises

• Retail (quick-service & dine-in restaurants)

• Hotels & hospitality developments

• Professional & medical office spaces

• Self-storage facilities

• Gas stations & convenience stores

• Drugstores & pharmacies

• Warehousing & logistics hubs

• Shopping centers & mixed-use developments

Strategic Location & Growth Potential

Positioned just north of Crystal River’s Historic Downtown, this property is surrounded by trendy shops, local vendors, charming restaurants, and entertainment options, making it an ideal investment in a thriving market.

Adding to the area's economic boom, major developments are underway nearby:

• Crystal River Mall Redevelopment: Currently under construction, this project includes 400 residential apartments with mixed-use retail, boosting demand for commercial services in the area.

• Hidden Lake RV Resort: Directly bordering the rear of this property, this 85-acre development will feature 580 RV lots, attracting seasonal and long-term visitors, increasing foot traffic and consumer demand.

Logistic Details:

County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.

County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest and ends at SR 200 in Syou’re toke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.

County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these types of 'coastal spur' routes, in West Central Florida, it is county-maintained.

U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.

Suncoast Parkway:

The Suncoast Parkway recently opened was a $135 Million Dollar expansion that extends 13 miles north from US-98 to SR 44 which features 15 new bridges, electronic tolling gantries, and the extension of The Suncoast Trail part of the Florida's Statewide Greenways and Trail System. The Suncoast Parkway is just 68 Miles 1 hour and 15 mins from Tampa making it a great commuting Highway for the workforce seeking to be outside of the Tampa traffic. The Veterans Expressway and Suncoast Parkway is a north–south toll road near the Florida Gulf Coast. Maintained and operated by Florida's Turnpike Enterprise, this 68-mile transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto.

Citrus County Growth:

Citrus County, Florida's estimated population is 155,582 with a growth rate of 1.29% in the past year according to the most recent United States census data. Citrus County, Florida is the 34th largest county in Florida. The 2010 Population was 141,173 and has seen a growth of 10.21% since this time. Citrus County's current LDC allows for approximately a population of 350k residencies. Given the expansion of the Suncoast Parkway and the 6-lane expansion of US 19, we are in the path of tremendous growth. Currently, Citrus County has 60,000 vacant parcels of land prime for development. The County and incorporated Cities have plans for extensive utility expansion throughout the county including the expansion of the Crystal River Airport Runway 5000 feet to allow for larger aircraft to land and take off including a newly funded 75 acres industrial complex granted by the state to expand utilities, road reconstruction to support eighteen wheelers and to include environmentally friendly and energy conservation features.

Community Development:

• 957 single-family residential homes on a 354-acre site in Lecanto.

• 500-lot subdivision, located in Citrus Springs by Habitat for Humanity of Citrus County.

• Green Mills Group 2020 built a 106-unit apartment campus offering affordable housing on Colonnade Street in Inverness.

• County commissioners approved a planned unit development (PUD) for Preservation Point RV Resort, a 234-acre property.

• Jaymelday Holdings LLC calls for up to 600 RV sites, along with amenities such as a pool, golf cart rentals, bar and grill, basketball court, and walking trails in Crystal River.

• 207 Home subdivision by DR Horton in Beverly Hills, Florida Citrus Ridge Area.

• 930 Unit Subdivision in Planning with a national builder in Lecanto just off the Suncoast Parkway extension on SR 44.

  Disclaimer On Conceptual Designs - All information is provided for marketing purposes only and must be verified by the local municipality and not limited to licensed professionals, attorneys, and engineers.