Commercial Sale · Mixed Use
161 W NORVELL BRYANT HIGHWAY, HERNANDO, FL, 34442
Active130 days on marketListed Mar 17, 2026MLS #TB8485885
About this property
The property at a glance
Prime 1.98 AC development site located along Norvell Bryant Hwy (CR-486), one of Citrus County’s primary east-west commercial corridors connecting US-19 in Crystal River to US-41 in Hernando. The property offers approximately 300’ of highway frontage with strong visibility and traffic exceeding 12,000 VPD. Positioned directly adjacent to the Tampa General Hospital Crystal River Emergency Center and in close proximity to the planned 53-acre TGH North medical campus expansion, creating significant long-term demand for commercial services in the immediate area. Surrounded by established national retailers including Publix, Walgreens, CVS, and other service-oriented businesses, and supported by dense nearby residential communities throughout Citrus Hills and Hernando, including multiple golf clubs and master-planned neighborhoods generating consistent daily traffic. GNC zoning allows a wide range of neighborhood commercial uses. The site may support higher intensity commercial or hospitality uses subject to county approvals. Two sets of development plans and soil testing have already been completed, offering a streamlined path toward development along a rapidly growing commercial corridor.
11,000
Building sq ft
$59
Price / sq ft
1.98
Lot acres
2025
Year built
0
Buildings
GNC
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$3,391/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Eric to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
16,356
Population
$55,473
Median income
65.7
Median age
2.03
Avg household
$295,900
Median home value
$965/mo
Median rent
868
Households w/ kids
Recent sales
What actually sold near 161 W NORVELL BRYANT HIGHWAY
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$237,000
2 WILLIAM TELL LANE
1,467 sqft · $162/sqft · Sold Oct 10, 2025
$500,000
Nearby listing
Sold Feb 28, 2026
$501,000
2860 W GULF TO LAKE HIGHWAY
Sold Dec 12, 2024
Your team
The pros in your corner
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 161 W NORVELL BRYANT HIGHWAY — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 161 W NORVELL BRYANT HIGHWAY.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL · Jennifer Boyette. MLS #TB8485885.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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