5890 W Gulf To Lake Hwy
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.
Executive Summary
-Property Location:
Former gas station and convenience store located at the SW corner of HWY 44/W Gulf to Lake Hwy (18,900 AADT) and W Fox Ln. in Crystal River, Florida, Citrus County, part of the Tampa/St. Petersburg MSA.
-Site Specifications:
1.04-acre corner lot zoned GNC.
140 feet of visibility on SR 44.
2,400 SF convenience store structure with gas canopy removed.
Fuel tanks still present and capable of reestablishment.
-Strategic Proximity:
1.7 miles from SR 44/589 Toll Road expansion to CR 486.
4.9 miles from the major US 19 and SR 44 intersection.
Within a 10-mile radius of prominent communities, including Citrus Hills Terra Vista, Black Diamond, Lecanto, Beverly Hills, and historic downtown Inverness.
-Growth Opportunities:
Citrus County population: 153,600, projected to grow to 350,000 by 2030.
Located within the Tampa–St. Petersburg–Clearwater MSA, the 18th largest metropolitan area in the U.S.
Recent $135 million expansion of the Suncoast Parkway and planned future extensions enhance connectivity and growth potential.
-Local Investments:
Substantial revitalization in Inverness, including Liberty Park, Wallace Brooks Park, and the Depot District developments.
-Market Demographics:
Within a 15-minute drive:
Population: 46,361 residents.
Average age: 58.
Median household income: $65,000.
Location Advantages:
-Central Hub: Positioned in a vibrant retail corridor, the property is surrounded by national retailers, restaurants, essential services, City Hall, and the downtown square. Proximity to the Crystal River and nature preserves enhances its appeal.
-Infrastructure Development: The $135 million expansion of the Suncoast Parkway is set to improve connectivity, potentially boosting economic growth in Citrus County.
Demographic Insights:
-Local Market: Within a 15-minute radius, there are approximately 46,361 residents with an average age of 58 and a median household income of $65,000. Consumer spending is robust, with 66% dining out and 89% frequenting fast-food restaurants. Healthcare expenditures are significant, totaling over $106 million, reflecting the median age of the population.
-Growth Projections: Citrus County's population was estimated at 170,884 in 2024, with a growth rate of 2.51% in the past year.World Population Review. Projections indicate continued growth, with estimates reaching 196,536 by 2050. Florida Division of Elections
Regional Context:
-Tampa MSA: As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area, the 18th largest in the U.S., Citrus County benefits from regional economic dynamics.
Logistic Details:
-County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.
-County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest and ends at SR 200 in Syou’re toke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.
-County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these types of 'coastal spur' routes, in West Central Florida, it is county-maintained.
-U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.
Suncoast Parkway:
The Suncoast Parkway recently opened was a $135 Million Dollar expansion that extends 13 miles north from US-98 to SR 44 which features 15 new bridges, electronic tolling gantries, and the extension of The Suncoast Trail part of the Florida's Statewide Greenways and Trail System. The Suncoast Parkway is just 68 Miles 1 hour and 15 mins from Tampa making it a great commuting Highway for the workforce seeking to be outside of the Tampa traffic. The Veterans Expressway and Suncoast Parkway is a north–south toll road near the Florida Gulf Coast. Maintained and operated by Florida's Turnpike Enterprise, this 68-mile transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto.