Property summary
This exceptional 29-acre property in Frostproof, Florida, presents a unique investment opportunity. Currently operating as a large-scale citrus nursery, one of the largest in the state, the property boasts approximately 270,578 square feet of covered space, including four large ranges averaging 54,172 square feet each. These ranges connect to a central 26,775 square-foot head house, providing a cool, efficient workspace for various agricultural uses. The head house also features a soil room with an inline mixing machine and a loading area for shipping. An additional 27,113 square feet of covered space houses mother stock. The property includes a 10-inch well with a variable frequency drive for efficient water usage and is protected by a windbreak of eucalyptus trees. Employee amenities include a large cafeteria-style break room, bathrooms, and a locker room. The property offers significant expansion potential with additional vacant acreage. Alternative uses could include ornamental nurseries, medical marijuana cultivation, or fruit and vegetable propagation. A manager's home and additional acreage are potentially available to a buyer. The asking price is $12,500,000, with a land value of $431,034 per acre. Located at 1698 Rucks Dairy Rd, Frostproof, FL 33843.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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