Indian River Grove Vero Beach, Florida • Indian River County
915+/- Acres
Indian River 915 Acres Grove Vero Beach, Florida • Indian River County
5-10-15 Mile Rings
Parcel IDs: • 33372800000100000001.0 • 33373300000100000001.0 • 33373400000300000001.0 GPS: 27.572061, -80.629010 Driving Directions: • From the intersection of SR 60 and I-95 in Vero Beach, travel west on SR 60 for 6.7 miles to 154th Avenue • Turn left on 154th Avenue and Travel south for 3.6 miles, crossing the bridge over the flow way and the grove will be on the right
3.5 +/- Miles to SR 60 10 +/- Miles to I-95 17 +/- Miles to Vero Beach
For additional maps and details, go to:
www.SaundersRealEstate.com/IndianRiver
Indian River 915 Acres Grove Vero Beach, Florida • Indian River County
The property is a large mature income producing citrus grove located in the Saint John’s Improvement District. Varieties include a strong mix of Red, White and Flame Grapefruit, as well as Hamlin and Pineapple Oranges. The grove is currently under a lease agreement providing guaranteed rents, as well as participation in profits generated from the grove. Located west of Vero Beach in an agricultural area, the property benefits from direct use of 154th Avenue and easy access to SR 60, just minutes from town. Uplands/Wetlands: Acreage: • 915.7 +/- acres • 19 +/- acres wetlands • Additional acreage available adjacent to the property • Remainder uplands • Property is rectangular approximately 2 miles from north Irrigation/Wells: to south and 1 mile wide at its widest point • (12) 6-inch Artesian wells Sale Price: $6,862,500 • Surface water provided by the St. Johns Improvement District Price per Acre: $7,500 • Water Use Permits are in place and include the (12) County: Indian River 6-inch artesian wells Site Address: 154th Avenue SW & 9th Street SW, Zoning/FLU: A-2, allowing one unit per 10 acres Vero Beach, FL 32968 Structures: 5000+/- SF barn Road Frontage: Income: The property is currently under a very good • 4900 +/- SF on 154th Avenue SW lease arrangement with a strong local grower and packer • Paved road located within a mile of property Class of Grove: Mature Soil Types: Predominately Pineda, Riviera, Winder, Manatee Annual Taxes:$118,867.22 (2014) Loamy, and Wabasso Fine Sands; and Foridana Sand
2016 Consolidated Tree Count Type GF GF E&M E&M E&M E&M E&M E&M E&M GF GF Total
Variety Flame Flame Hamlin Hamlin Hamlin Hamlin Pineapple Pineapple Pineapple Red White
Root Stock Swingle Seville Cleo Carrizo Sour Swingle Sour Swingle Carrizo Sour Sour
Total Spaces 12,140 1,394 2,935 3,133 2,000 2,368 10,600 741 2,709 21,940 10,425 70,385
Producing Trees 12,140 1,394 2,935 3,133 2,000 2,368 10,600 741 2,709 21,940 10,425 70,385
Net Acres 92.0 14.1 39.0 27.0 13.0 18.9 88.0 9.0 16.0 302.0 142.0 761.0
Acres 111.00 16.10 48.00 31.00 20.00 25.90 107.00 11.00 18.00 362.00 168.00 918.00
Production in Boxes Net Acres
Variety
302
Grapefruit, Red
106
2014/15 Actual
2013/14 Actual
2012/13 Actual
3 Yr Avg
110,310
150,598
132,799
131,236
Grapefruit, Flame
27,318
39,900
38,040
35,086
142
Grapefruit, White
62,945
81,311
71,330
71,862
104
Orange, Hamlins
19,907
28,276
24,552
24,245
113
Orange, Pineapple
21,032
24,856
30,576
25,488
767
All Varieties
241,512
323,941
297,297
287.917
Indian River 915 Acres Grove Vero Beach, Florida • Indian River County
915+/- Acres
For additional maps and details, go to:
www.SaundersRealEstate.com/IndianRiver 114 N. Tennessee Ave., 3rd Floor Lakeland, FL 33801 863.648.1528 - Main Office 18622 NW Hwy 441 High Springs, FL 32643 www.SaundersRealEstate.com
Jeff Cusson, CCIM 772.332.9070 •
[email protected] ©2016 Coldwell Banker Commercial Saunders Real Estate, All rights Reserved, Worldwide. Every attempt is made to provide accurate information on this property, however, COLDWELL BANKER COMMERCIAL SAUNDERS REAL ESTATE (CBCSRE) does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records. ©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.
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