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    Medical Cannabis Cultivation Facility
    Updated: Jan 27
    Medical Cannabis Cultivation Facility

    122 Hughes Rd, New Smyrna Beach, FL 32168

    Contact for pricing
    96,000 sqft
    92,000 SF of greenhouse cultivation space
    Expansion capacity for 35,000–40,000 SF of added structures
    Previously operated and approved by Florida Dept of Health, Office of Medical Marijuana Use
    Dry and cure rooms with full HVAC and dehumidification
    Deep well, Dosatron drip fertigation, and diesel backup generators
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Smyrna Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hemp Production Property with Greenhouses
    Hemp Production Property with Greenhouses

    40945 BEACH Road, Eustis, FL 32736

    $1,399,000
    3,572 sqft 40.74 AC lot

    Agricultural infrastructure includes irrigation systems, shade structures, a warehouse, barns, and multiple outbuildings.

    View details
    Licensed Hemp Agricultural Property
    Licensed Hemp Agricultural Property

    40945 BEACH, Eustis, FL 32736

    $1,399,000
    40.74 AC lot

    Agricultural acreage with greenhouse structures, irrigation systems, wells, and an operating licensed hemp production facility.

    View details
    Cannabis Dispensary with Drive-Through
    Cannabis Dispensary with Drive-Through

    8669 Baymeadows Road, Jacksonville, FL 32256

    Contact for pricing
    3,938 sqft

    Single-tenant dispensary on a 1.64-acre site with drive-through capability near Interstate-95.

    View details
    NNN Retail Space with Monument Signage
    NNN Retail Space with Monument Signage

    3655 University Blvd W, Jacksonville, FL 32217

    $2,575,000

    Jungle Boys operates under a new 10-year absolute NNN lease with no landlord responsibilities.

    View details

    New Smyrna Beach, FL Cannabis Properties Market Trends and Statistics

    Explore 1 cannabis properties for sale in New Smyrna Beach, FL on our real estate platform. These investment opportunities span a total of 96,000 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Ranches 3
    Horse & equestrian properties 2
    Farms 2
    Cannabis Properties 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) +6.6%
    Median Household Income $79,683
    College Educated 37.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $16.91 per SF
    Tax Rate vs County Average 0.16 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Volusia County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Volusia County

    Retail

    Office

    Residential Income

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