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5890 W GULF TO LAKE HIGHWAY

Commercial Recently Sold
$685,000

BTC: 22.83333333

ETH: 342.50000000

Sold on: 2025-03-26
39 days
0 room(s)
2,400 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This former gas station and convenience store is located at the southwest corner of the busy HWY 44/W Gulf to Lake Hwy commercial corridor (18,900 AADT) and W Fox Ln. in Crystal River, Florida, part of Citrus County in the Tampa/St. Petersburg MSA. Situated on a 1.04-acre corner lot zoned GNC, the property offers 140 feet of visibility on SR 44. The 2,400 SF convenience store features a gas canopy (dispenser removed), with fueling tanks still present and capable of being reestablished. The property benefits from its proximity to key infrastructure, including the newly constructed SR 44/589 Toll Road and its future expansion to CR 486, just 1.7 miles east, as well as the major intersection of US 19 and SR 44, located 4.9 miles to the west. Within a 10-mile radius, the area includes prominent communities such as Citrus Hills Terra Vista, Black Diamond with its PGA-caliber golf courses, and larger population centers like Lecanto, Beverly Hills (“The Central Ridge”), and historic downtown Inverness. Citrus County, home to 153,600 residents, is poised for significant growth, with projections under the County’s Land Development Code estimating a population of 350,000 by 2030. As part of Tampa–St. Petersburg–Clearwater MSA—the 18th largest metropolitan area in the United States—Citrus County is recognized as a premier real estate market. The City of Inverness has invested heavily in revitalization efforts, including the construction of lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District. Additionally, the recent $135 million expansion of the Suncoast Parkway and its planned future extensions position Citrus County for exponential growth within the Tampa MSA.Within a 15-minute drive of the property, the customer base includes 46,361 residents, with an average age of 58 and a median household income of $65,000—an ideal demographic for retail and commercial ventures.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1974
Lot:
1.04 Acres
Heating:
No Data
Price/sqft:
$323
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 1.04 Acres

    Other Property Information

    • Parcel Number: 18E18S30000033310

    • Zoning: GNC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $3,876

  • Source details

    • MLS ID: OM691090

    Other facts

    • Construction Materials: Block / Brick

    • Foundation Details: Slab

    • Living Area: 2400

    • Water Source: Public

    • Lot Size Dimensions: 140 x 290

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 J.W.MORTON R.E.