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For Sale

Volusia Potential Industrial Hemp Operation

$1,850,000

Pierson, Florida

35 Acres

PROPERTY DETAILS

Property Type: Acreage & Homesites, Farms & Nurseries, Hemp, Land, Nursery

Location: 948 Peterson Road, Pierson, Florida 32180

County: Volusia


Owners looking to retire!

This quiet estate in the country is extremely versatile, with 6 contiguous parcels and 1 off-site parcel within a 1⁄4 mile. This property is currently an operating cut foliage business that produces crops of Plumosus, Sprengeri, Variegated Pittosporum, Green Pittosporum, Aspidistra, and Tree Fern. There are wells already on-site for irrigation and would be adaptable to grow crops of your choice. The estate would work well for a family-run business since there are 3 homes with a total of 9 bedrooms and 6 bathrooms, all in move-in condition! This is a must-see to understand the great potential and ideal location.

This is a profitable business that can be transformed into an industrial hemp operation to grow flowers or seed for CBD essential oils. Florida Department of Agriculture and Consumer Services (FDACS) is expecting to issue Industrial Hemp Grower Licenses in early 2020. All the equipment, permitted wells and irrigation, 380k ± sq ft shade houses, and 3 residential homes included in the sale. Well-established family business for over 45 years. This property is high and dry. Rural and yet 30 minutes to I-95 and I-4, 40 minutes to Daytona, 1 hour from Orlando and Ocala, 11⁄2 hours to Jacksonville.

Description: Inventory: Approximate acreage & varieties currently growing:
• Variegated & Green Pittosporum - 7 3⁄4 ± acres
• Sprengeri - 2 ± acres
• Plumosus - 1 ± acre
• Tree Fern - .5 ± acre
• Cast Iron Plants - .75 ± acre
Structures: 380k ± sq ft under shade (post & cable) packing shed with 2 coolers. Several equipment storage sheds & barns. All pump power units & gear heads are covered.
Income Features: Sale of plant cuttings to floral industry; $400k + annually

Driving Directions: Take Us 17 North 2 miles North of Highway 40. • Turn west on Emporia Road and go 1.3 miles to Peterson Road. • Continue on for .25 mile and main site is on the north side of the road.

Carson Futch

Senior Advisor

863.216.5913

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