Medical Marijuana Grow

Industrial for Sale
Catylist Listing ID: 30794104
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.29 Acres
Sale Price: $2,500,000
Unit Price: $312.50 PSF
Ceiling: 16 ft.
Docks/Doors: 1 Door
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

Built out in September of 2021, state of the art systems with three flower rooms, 2 veg rooms and a dry room. More than half of the building is ready for expansion with drains, 3 phase power, 14' eaves and 16' at the peak, well insulated with close cell spray foam throughout, 5' concrete, etc. Rooms currently have 40 ton VRF Fujitsu system, LED & HPS lights, watering system, CO2 piped in and controlled, Trolmaster environmental monitoring system and more.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $5,424 (Annual)
Tax Value Land $109,074
Assessed Value - Total($) $135,250 (Annual)

Additional Details

Nearest MSA: Bay City
County: Bay
Taxing Authority: Kawkawlin Township
Tax ID/APN: 080-036-300-045-00
Zoning: I-1
Highway Access: M-13/23, I-75, US-10
Typical SF / Floor: 8,000 SF
Property Condition: Excellent
Year Built: 1996
Year Renovated: 2021
Construction/Siding: Metal Siding, Steel Frame
Parking Type: Surface
Eave Height: 14
Overhead Cranes: Undisclosed
Amps: 800
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: LED, Fluorescent
Zoning Description: I-1 Light Industrial
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned
Legal Description: COM 732.50 FT S 87D 10M E FR SW COR OF SEC TO C/L OF OLD FRASER RD, TH NELY ALG C/L 360.85 FT TO REAL POB TH NLY 430.50 FT, TH AT RT ANG 147.80 FT ELY TH SLY 333 FT TO C/L OLD FRASER RD, TH SWLY 174 FT TO BEG. SEC.36 T15N R4E

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,975 54,910
Median Age: 43.52 40.87
Households: 6,701 22,990

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

COMMERCIAL EQUITIES CPIX Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.