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Published on: Tuesday, February 10, 2026
Updated on: Tuesday, February 10, 2026
About the Lister
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Name: Justin Worthington
Company: Grimaldi Commercial Realty Corp.
Office Phone:  
Cell Phone: (727) 709-6216
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  RARE 8-Bldg Industrial & Retail Portfolio | ~110K SF | 26...

1520 S Suncoast Blvd Homosassa Florida , 34448
1520 S Suncoast Blvd Homosassa Florida , 34448  Grimaldi Commercial Realty Corp.
Listing ID: CL-Florida-27369 Industrial-Business Park/Industrial

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Florida-27369
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1987
Building Size: N/A SqFt
Lot Size: 109,406.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
Listing Summary
This is the largest commercially developed, actively marketed property in Citrus County. This rare 8-building industrial and retail portfolio spans 26.11 acres across four contiguous, buildable parcels with direct US Highway 19 frontage.
Complete Details
Year Build: 1987
Building Size: N/A SqFt.
No of Stories: 1
Total Lot Area: 109406 SqFt.
No of Parking: N/A
No of Total Units: 8
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

 

Citrus County’s Largest Commercial Play! ??? This 26-acre, 8-building portfolio on US-19 is a regional powerhouse. With over 109k SF of renovated, climate-controlled industrial space and a dedicated restaurant, it’s the ultimate redistribution hub. Buy it vacant as your corporate headquarters for $11.5M, or lock in a stabilized 8% CAP investment at $14.5M with a 10-year NNN leaseback from established tenants. High-visibility, 20' ceilings, and surrounded by national auto brands—this is a "set and forget" asset in the path of Florida's explosive growth.

Portfolio Inventory & Yield Table

Building Size (SF) Primary Use Condition
Bldg 1 13,214 SF Retail / Showroom Renovated 2024
Bldg 2 3,620 SF Professional Office Move-In Ready
Bldg 3-6 48,112 SF Industrial Warehouse Leasable/Stabilized
Bldg 7 32,360 SF Industrial (Septic) High-Volume Hub
Bldg 8 2,100 SF Restaurant Full 2025 Reno
TOTAL 109,406 SF 26.11 Acres Total 8.0% CAP Target

 

Additional Properties
Property Highlights
  • 26.11-acre industrial and retail portfolio across four contiguous, buildable parcels with direct US-19 frontage.
  • 109,406 SF across eight buildings, including seven climate-controlled industrial warehouses and one fully renovated 2,100 SF restaurant.
  • Primary industrial parcel at 1520 S Suncoast Blvd offered vacant to an owner/user or as a stabilized sale-leaseback investment.
  • If not sold to an owner/user, Buildings 3, 4, 5, 6, and 7 will be available for lease, with the current owner subleasing space to deliver stabilized occupancy at closing.
  • Three tenants prepared to execute 10-year NNN leases at an 8% CAP rate, anchored by Auctionz LLC with strong financials.
  • Comprehensive 2024 renovations including new roofs, HVAC systems under three years old, spray foam insulation, and new garage doors; restaurant renovated in 2025.
  • Warehouse ceiling heights up to 20 feet; office facilities include a full kitchen, conference room, and on-site gym.
  • Adjacent parcels at 1420 S Suncoast Blvd and 1470 S Suncoast Blvd are under contract for a hotel development, reinforcing long-term corridor growth and redevelopment momentum.
  • Zoned Industrial and General Neighborhood Commercial; remaining parcels are buildable with no wetlands per county records.
  • Located within the Tampa MSA (18th largest in the U.S.), with Citrus County projected to reach approximately 350,000 residents by 2030 and US-19 traffic counts of roughly 29,000 vehicles per day.
Features
  • Building 1: 13,214 SF retail
  • Building 2: 3,620 SF office
  • Building 3: 12,000 SF industrial (leasable if sold to an investor)
  • Building 4: 19,112 SF industrial (leasable if sold to an investor)
  • Building 5: 9,000 SF industrial (leasable if sold to an investor)
  • Building 6: 18,000 SF industrial (leasable if sold to an investor)
  • Building 7: 32,360 SF industrial (leasable if sold to an investor)
  • Building 8: 2,100 SF restaurant
  • The primary parcel at 1520 S Suncoast Blvd is offered at $11,500,000 vacant to an owner/user or $14,500,000 as an 8% CAP sale-leaseback.
  • The property is divisible by parcel, building, or tenant and can be delivered vacant, partially occupied, or stabilized.
  • Three tenants are prepared to execute 10-year NNN leases at an 8% CAP rate, anchored by Auctionz LLC
  • The main parcel at 1520 S Suncoast Blvd spans 19.44 acres with seven industrial buildings totaling 107,306 SF, zoned Industrial.
  • Each building is separately metered for electric, with water metered per parcel. All buildings are on municipal sewer except Building 7, which operates on septic

Lending Opportunities

Interested in making an offer on this property or adding it to your portfolio? Our network of experienced lenders is ready to provide you with competitive loan options tailored to your needs. Whether you're an investor or a first-time buyer, securing financing is the key to turning this opportunity into reality. Don’t wait, reach out now to get pre-approved, explore your loan options, and take the next step with confidence!
Company Name Lender Type Contact Name Contact Number Actions
Easy Home Loans, LLC Mortgage Broker Ana M Gonzalez (786) 525-7126 Request Quote
Universe Financial Corp Mortgage Broker Melody Bejerano (305) 505-3053 Request Quote
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Listing Location
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