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8541 W FAUST LANE

Lots/Land For Sale
$943,112

BTC: 14.39865649

ETH: 523.95111111

-$157K (2026/05/20)
108 days
0 room(s)

Overview

Positioned directly on US Hwy 19/98 in the heart of Homosassa, this 1.43± acre GNC commercial parcel offers 270± feet of prime highway frontage with exceptional visibility and direct exposure to 21,500 vehicles per day. Located within the Tampa–St. Petersburg–Clearwater MSA, the 18th largest MSA in the United States, the site sits in the center of Citrus County’s most established and rapidly expanding retail corridor. The property allows for a broad range of commercial uses including restaurant (drive-thru or sit-down), gas station/C-store, neighborhood shopping center, medical/professional office, and general retail or service-based concepts. The combination of zoning flexibility, frontage depth, and traffic volume makes it ideally suited for national QSR operators, fuel brands, medical users, and service-based retailers seeking dominant visibility in a high-growth market. Surrounding national and regional retailers include Publix, Tractor Supply, RaceTrac, 7-Eleven, Walgreens, AutoZone, McDonald's, and Wendy's, providing established co-tenancy synergy and consistent daily consumer traffic. The corridor is further strengthened by year-round tourism and outdoor recreation, driven by proximity to Ellie Schiller Homosassa Springs Wildlife State Park and the Homosassa River, both of which attract anglers, eco-tourism visitors, and seasonal residents. Citrus County is one of the fastest-growing counties in Florida, with a current population of approximately 153,600 residents projected to exceed 350,000 by 2030 per County growth planning estimates. The region continues its transition into a major residential, healthcare, and service hub within the Tampa Bay sphere of influence. Significant infrastructure investment continues to accelerate long-term growth. The $135 million expansion of the Suncoast Parkway and the planned northern Phase 3 extension—just north of the subject property—will provide direct one-hour access to Tampa International Airport and major employment centers, dramatically increasing regional connectivity, tourism flow, and commercial demand. Within a 15-minute trade area, the property serves approximately 46,361 residents with stable demographics (average age 58; median household income approximately $65,000). The combination of sustained population growth, expanding infrastructure, and strong retail clustering positions this site as a high-visibility, future-proof commercial investment opportunity.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.43 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$80,499
$64K – $184K
Confidence Low
List vs. estimate
$862K above estimate
List $943,112 · +1071.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$340
2025
All facts and features
  • Lot

    • Lot: 1.43 Acres

    Other Property Information

    • Parcel Number: 17E19S220010001700010

    • Zoning: GNC

  • Type and style

    • Property Type: Land

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $341

  • Source details

    • MLS ID: OM718652

    Other facts

    • Direction Faces: West

    • Water Source: Well

    • Lot Size Dimensions: 270 x 270

    • Subdivision Name: HOMOSASSA UNIT 01 AKA VILLA TERRACE UNIT 02

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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 ©2026-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.