589 CHARLOTTEVILLE ROAD 8, Norfolk
$8,695,000
For sale: Other
- Property type
- Farm
- Bedrooms / bathrooms
- 3 bedrooms, 2 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13082824
- Neighbourhood
- Rural Charlotteville
An exceptional opportunity to acquire a well-established, large-scale wholesale tulip operation with over 20 years of proven success. Situated on 50 acres, this turnkey business has been continually expanded and improved, with significant capital investment over the past decade. The property features 98,000 sq. Ft. of double poly greenhouse space with the capacity to produce up to 15 million tulip stems annually. Supporting infrastructure is extensive and purpose-built, including 26,000 Sq. Ft. of dry warehousing (2022), 22,000 Sq. Ft. of cold storage, automated packaging and processing lines, and a modern employee bunkhouse accommodating up to 20 staff. With a strong, established wholesale customer base across north America, this operation offers immediate cash flow and long-term growth potential. The site is well-positioned for expansion, with sufficient land and infrastructure in place to potentially double greenhouse production. An ideal opportunity for investors or operators looking to enter or expand within the floriculture industry or to repurpose a highly improved agricultural asset for alternative greenhouse crops.
Sold data
Homes in Norfolk — recent sold market
Homes in Norfolk took a median of 43 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 81, across 123 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.
The median sale price was $579,900.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
- Median days to sell
- 43
- Median sale price
- $579,900
- Sale-to-list ratio
- 96.7%
- Sold above asking
- 9%
Based on 123 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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