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6574 W Gulf To Lake Hwy - Highly Visible 1.34- Acre Infill Development 1.34 Acres of Commercial Land Offered at $448,152 CAD in Crystal River, FL 34429

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EXECUTIVE SUMMARY

Position your next project within the dynamic Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA)—the 18th-largest metro in the United States, home to over 3.3 million residents. This region ranks among the nation’s top-performing markets for population growth, net migration, and development momentum. Located just one hour north via the Suncoast Parkway (589), Crystal River, Florida offers developers and investors a rare combination: close proximity to the Tampa Bay powerhouse without Tampa’s land pricing or congestion. The area provides immediate access to a booming retiree population, a robust and expanding healthcare system, and accelerated retail growth, all within a tax-friendly, business-welcoming climate that supports year-round development activity.
6574 W Gulf to Lake Highway is a highly visible 1.34 -acre infill development site located directly on State Road 44—Citrus County’s primary east-west commercial corridor. With 108 feet of full-access highway frontage, the property benefits from exposure to over 17,400 vehicles per day and provides rare ingress and egress access from both eastbound and westbound lanes. The site lies at the commercial core of Crystal River’s growth path, making it ideally positioned for high-traffic retail, healthcare, or multifamily uses. The property is zoned General Commercial (GNC) and Medium Density Residential (MDR), allowing for an exceptional mix of development potential including retail, medical office, hotel, and multifamily residential—up to 10 units per acre with PUD approval.
The surrounding area is home to an established network of national retailers, service providers, and essential infrastructure. Within a 1–2 mile radius, you'll find Walmart Supercenter, Publix, Lowe’s, Walgreens, CVS, ALDI, Bealls Outlet, Dollar General, Family Dollar, AutoZone, Advance Auto Parts, Tractor Supply Co., McDonald’s, and other major brands—offering strong synergy for high-visibility, traffic-oriented businesses.
Demographics within a 15-minute drive reflect a stable, opportunity-rich consumer base, including a population of 17,551 residents, a median household income of $53,000, and an average age of 61.2. This market profile signals robust demand for essential goods, healthcare services, quick-service restaurants, and convenience-driven amenities. Altogether, 6552 W Gulf to Lake Highway represents a rare chance to secure a shovel-ready site in one of Florida’s most recession-resistant, demographically resilient submarkets—making it an ideal acquisition for developers, operators, and institutional buyers seeking long-term value and strategic positioning in the Tampa Bay metro area.
PROPERTY OVERVIEW
Development Analysis:
Address: 66574 W Gulf to Lake Hwy, Crystal River, FL 34429
Parcel Size: 1.34 acres (˜58,374 ft²)
Zoning: Split GNC (General Commercial) / MDR
Elevation Range: 7-14 ft
FEMA Flood: AE/X, BFE: 10.0 ft
Sewer: Onsite Septic/Sewer In Area
Water: Citrus County Water Resources
Soil Type: Tavares Fine Sand (0–5% slope)
Future Land Use: GNC + MDR
Market Context:
Surrounded by national retailers like Walmart, Lowe’s, Publix, CVS, Walgreens, Tractor Supply, Dunkin’, and Starbucks, this site provides immediate synergy for traffic-driven businesses and service-based operations.
Within a 15-minute drive:
Population: 17,551

Median HH Income: $53,000

Avg Age: 61.2 (prime for senior living, urgent care, or pharmacy-integrated uses)

Nearby National Retailers
Likely to be within a 1–2 mile radius:
Walmart Supercenter (just east on W Gulf to Lake Hwy)

Publix Super Market

Lowe’s Home Improvement

Bealls Outlet

Walgreens

CVS Pharmacy

Dollar General and/or Family Dollar

AutoZone, Advance Auto Parts

Tractor Supply Co.

Starbucks, Dunkin’, McDonald's, Taco Bell

ALDI (opened in some Florida markets nearby)
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 Stoke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.
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 Stoke's Ferry, just south of the intersection with the northern segment of CR 39.
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.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $448,152 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • General Freestanding
  • Storefront
  • Storefront, Retail or Residential
Total Lot Size 1.34 AC
Zoning GNC & MDR - Zoned General Commercial (GNC) & Medium Density Residential (MDR)

1 LOT AVAILABLE

Lot 1

Price $448,152 CAD
Price Per AC $334,691.74 CAD
Lot Size 1.34 AC

DESCRIPTION

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 to the consumer: This report is provided strictly for analysis and assumption purposes only. All financial models, development scenarios, and valuation estimates are based on hypothetical inputs and public information available at the time of preparation. The projections herein are not guaranteed, and no warranty or representation is made regarding the accuracy, completeness, or feasibility of any statements or conclusions presented. All data, including fill costs, rents, cap rates, and construction assumptions, must be independently verified through appropriate licensed professionals, engineers, surveyors, and governmental authorities prior to any investment, acquisition, or development decisions. The broker, its affiliates, and associated parties do not warrant or guarantee any outcome based on this analysis.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17E-18S-36-0310-000I0-0090
Land Assessment
$162,487 CAD (2024)
Improvements Assessment
$931 CAD (2024)
Total Assessment
$163,418 CAD (2024)
  • Listing ID: 37693356

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 6574 W Gulf To Lake Hwy, Crystal River, FL 34429

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