Courtesy of: Elias Kirallah, Century 21 J.W.Morton R.E., elias@eliasgeorge.com
Courtesy of: Elias Kirallah, Century 21 J.W.Morton R.E., elias@eliasgeorge.com
$1,100,000
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Lot: 1.43 Acres
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Other
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$1,100,000
8541 W Faust Lane 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.
Courtesy of: Elias Kirallah, Century 21 J.W.Morton R.E., elias@eliasgeorge.com
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