5890 W GULF TO LAKE HIGHWAY

CRYSTAL RIVER, FL 34429

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.

Listing courtesy of CENTURY 21 J.W.MORTON R.E. 3524002635



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Data last updated at: 2024-10-29 08:00 PM EDT