878 +/- Acres in Indian River County Sold for $5.18 Million

FOR IMMEDIATE RELEASE

Photo of Jeff Cusson, CCIM

Jeff Cusson, CCIM

Photo of Boo Graves

Boo Graves

LAKELAND, FL – April 15, 2014 Coldwell Banker Commercial Saunders Real Estate in Lakeland, FL (CBCSRE) announces the recent sale of Takaho Estates, totaling 878 +/- acres and closing for $5,182,914. The property is located in Vero Beach, Florida in Indian River County. Jeff Cusson, CCIM and William “Boo” Graves, from CBCSRE, represented the seller. Cusson also represented the buyer.

The property has 1.5 +/- miles of road frontage on 82nd Avenue in Vero Beach. The land was previously a citrus grove with approximately 300 acres now leveled for farming and is currently being used for cattle grazing.

Cusson is a 40-year resident of the Treasure Coast, where he has been involved in the management and sale of agricultural real estate in the area for more than 25 years.

Graves has been a Florida real estate broker since 1982, specializing in agricultural land and farmland real estate. Graves covers the east Florida coast, is a native Floridian, and a third-generation Indian River County citrus grower.

About Coldwell Banker Commercial Saunders Real Estate

Coldwell Banker Commercial Saunders Real Estate (CBCSRE) is regarded as an authority on all types of Florida land and conservation easements, transacting over $1 billion in sales from 1996 through 2013. Offering land, forestry, and conservation easement real estate services through CBC Saunders Real Estate and the CBC Saunders Real Estate |Forestry Group, the Saunders team of land professionals and foresters offers advisory and transactional services through the home office in Lakeland, FL, the North Florida office in High Springs, FL, and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide. We provide services to land and commercial clients through both CBCSRE and our commercial real estate brokerage, Coldwell Banker Commercial Saunders Ralston Dantzler Realty.