$2,900,000
Property details
About this home
Significant Land Value & Redevelopment Potential can be purchased with the onsite Turnkey Nursery. This lot can also be purchased for the value of the land and redeveloped as a magnificent home site. Exceptional opportunity to acquire a fully operational nursery situated on approximately 9+/- acres in Lake County, offering immediate income alongside substantial underlying land value and long-term redevelopment potential. Whether continuing the existing business or repositioning the property, this asset presents multiple paths to value. Currently operating as a successful nursery known for producing high-quality Spathiphyllum (Peace Lilies), the property supplies major retailers and wholesalers and is offered as a true turnkey operation. The sale includes all structures, equipment, inventory, supplies, and an established book of business—allowing for a seamless transition and continued revenue from day one. The site improvements include approximately 2 acres of 10-foot, double-poly greenhouses equipped with misting systems and 250,000 BTU heating. All of the greenhouses are gutter connected and also benched out for efficient production. Additionally, the property features nearly 1.25 acres of shade houses, supporting year-round growing capabilities. With supporting infrastructure including two 4-inch wells, an office, a break room, a tool shed, and chemical application area providing everything needed for continued operations or future repositioning. Beyond the existing operation, the property’s true upside lies in its 10-acre footprint and flexibility. With lakefront positioning along Apshawa Lake and a poured concrete pad already in place, the site is well-suited for an owner-operator residence, private estate, or future redevelopment (subject to zoning and approvals). A dock and small boathouse further enhance the setting, creating a rare blend of commercial use and lifestyle appeal. The additional acreage also provides ample room for expansion of the nursery or alternative uses over time. This is a unique opportunity to acquire a profitable business today while securing a valuable land asset for tomorrow. Property Highlights: 9+/= Acre Site Turnkey nursery operation with established wholesale/retail relationships 2 acres of gutter-connected, poly greenhouses (heated & misted) 1.25 +/- acres of shade houses with 250K BTU heaters 1.25 +/- acres of shade houses with 250K BTU heaters All inventory, equipment, and book of business included Two 4-inch wells, office, break room, and support buildings Lakefront location on Apshawa Lake Concrete pad with pool (ready for restoration) Dock and boathouse for added utility and lifestyle appeal Strong underlying land value with potential for residential or alternative redevelopment (subject to approvals) Upside Potential Expand greenhouse or shade house footprint to increase output Optimize operations to improve margins and overall NOI Leverage existing relationships to grow wholesale distribution Capitalize on lakefront setting for residential or mixed-use repositioning Benefit from long-term land appreciation in a growing Lake County market with 9+/- acres. All measurements must be independently verified.
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