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    Garden City, MI
    Cannabis Properties

    Garden City, MI Cannabis Properties for Sale

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    Inkster, MI Westland, MI Dearborn Heights, MI Livonia, MI Dearborn, MI Wayne, MI Redford, MI Romulus, MI
    Approved Cannabis Property
    Updated: Dec 14, 2025
    Approved Cannabis Property

    5848 Hubbard St, Garden City, MI 48135

    $1,600,000
    16,800 sqft
    Municipally approved cannabis opportunity with license and real estate included
    16,800‑square‑foot freestanding building zoned M‑1 Light Industrial
    Ceiling heights range from 18'9" to 19'9"
    39 parking spaces on the developed portion of the property
    One undeveloped acre for additional parking, storage, or expansion
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    This listing looks promising.

    Here's a quick look at some key insights for

    5848 Hubbard St, Garden City, MI 48135

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $87K
      Annual

    • Price @ 7% Cap

      $1.24M
      Suggested

    • Property Type

      Manufacturing (Light)
      Built 1976
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Garden City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    10-Station Cannabis Retail Provisioning
    10-Station Cannabis Retail Provisioning

    11397 W Jefferson Ave, River Rouge, MI 48229

    $649,999
    7,040 sqft

    Operating adult-use provisioning center for sale with a high-end retail plan and 10 point-of-sale budtending stations.

    View details
    Block Cannabis Production Property
    Block Cannabis Production Property

    10783 W Jefferson Ave, River Rouge, MI 48218

    Contact for pricing
    6,100 sqft 0.56 AC lot

    Entire city block offering ground and second-story production space and long Jefferson Avenue frontage.

    View details
    Warehouse with 18-Foot Clear Height
    Warehouse with 18-Foot Clear Height

    14290 Schaefer Hwy, Detroit, MI 48227

    Contact for pricing
    20,500 sqft

    Warehouse offering 20,500 SF with 18-foot clearance, 3 loading docs, and a private fenced yard.

    View details
    Industrial Zoned Land Parcel
    Industrial Zoned Land Parcel

    8850 Strathmoor Street, Detroit, MI 48228

    Contact for pricing

    For sale green zone site with intensive industrial zoning, positioned to support MMJ caregiver activity.

    View details

    Garden City, MI Cannabis Properties Market Trends and Statistics

    Explore 1 cannabis properties for sale in Garden City, MI on our real estate platform. These investment opportunities span a total of 16,800 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for weed farms in Garden City, MI average $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Cannabis Properties 2

    Demographics Overview

    Population 27K
    Population Growth (5Y) +0.4%
    Median Household Income $64,396
    College Educated 9.6%

    High-Yield Neighborhoods for Investment

    Identify Garden City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48135 $975K

    Taxes & Financing

    Tax Rate (average for all types) 5.67%
    Property Tax per SF $65.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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