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    Cannabis Properties

    Lansing, MI Cannabis Properties for Sale

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    East Lansing, MI Dewitt, MI Holt, MI Dimondale, MI Okemos, MI Bath, MI Grand Ledge, MI Haslett, MI
    Upgraded Industrial Warehouse with Expansion Lot
    Updated: Sep 25, 2025
    Upgraded Industrial Warehouse with Expansion Lot

    720 Terminal Road, Lansing, MI 48906

    $525,000
    6,048 sqft
    Previously conditionally approved for licensed marijuana cultivation, processing, and microbusiness operations by the City of Lansing.
    Move‑in ready for cannabis cultivation or adaptable for other light industrial uses, featuring state‑of‑the‑art infrastructure and extensive upgrades from 2017‑2022.
    Includes an adjacent 0.61‑acre lot, providing a total of 0.922 acres for expansion, additional parking, storage, or new development.
    Equipped with a top‑tier security system ($52,000+) featuring 38 HD cameras, AI tracking, burglar alarms, and remote monitoring.
    High power capacity with 1,400 total amps, 240V/120V and 480V/277V, single- and three‑phase panels, and two transformers.
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    This listing looks promising.

    Here's a quick look at some key insights for

    720 Terminal Road, Lansing, MI 48906,

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Mortgage

      $1.08M
      Recorded

    • Last Sold

      Jan 2021
      $118K

    • Property Type

      Warehouse, Storage
      Built 1972
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    Turnkey Industrial Facility
    Updated: Jun 10
    Turnkey Industrial Facility

    921 Terminal Road, Lansing, MI 48906

    $399,000
    5,000 sqft 0.43 AC lot
    5,000 SF industrial facility configured as a cultivation facility, with existing equipment included in the sale
    Industrial zoning allows for potential uses beyond cannabis operations
    Major improvements completed in 2020: new roof, updated electrical systems, and plumbing
    Construction materials include brick and block
    Parking lot on site
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    Industrial Property on 3.65 Acres
    Industrial Property on 3.65 Acres

    Lansing, MI 48906

    $649,990
    14,064 sqft 3.65 AC lot

    Industrial property with CRA prequalification on 3.65 acres.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    White-Box Flex Industrial Building
    White-Box Flex Industrial Building

    1500 Mcmillan Road, Owosso, MI 48867

    $595,000
    6,000 sqft 3.17 AC lot

    White-box flex/industrial building with radiant ceiling heat and recently resurfaced parking.

    View details
    Turnkey Industrial Cultivation Suite
    Turnkey Industrial Cultivation Suite

    5028 Page Ave, Jackson, MI 49201

    $699,000
    6,080 sqft

    6,080 sq ft industrial building with cultivation suite.

    View details
    Whiteboxed Building Ready for Occupancy
    Whiteboxed Building Ready for Occupancy

    1500 Mcmillan Rd, Owosso, MI 48867

    $595,000
    3.17 AC lot

    Whiteboxed building suitable for cannabis grow or processing facility.

    View details
    Retail Property with Approved License
    Retail Property with Approved License

    6015 ANN ARBOR Rd, LeoniTownship_, Jackson, MI 49201

    $399,999
    0.23 AC lot

    Retail space with license and real estate included for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Secluded Northwoods Forestry Land
    Secluded Northwoods Forestry Land

    17 Short Cut Road, Herbster, WI 54844

    $59,900
    10.00 AC lot

    Ten acres of secluded Northwoods land near Lake Superior.

    View details
    Exeter Land For Sale
    Exeter Land For Sale

    503 South County Trail, Exeter, RI 02822

    $225,000
    0.85 AC lot

    Corner lot in Business District, suitable for cannabis use.

    View details
    Orient Road Commercial Land Available
    Orient Road Commercial Land Available

    6213 ORIENT ROAD, Tampa, FL 33610

    $2,000,000

    Commercial land for sale on Orient Road, Tampa, Florida.

    View details
    Yermo Land Near Freeway
    Yermo Land Near Freeway

    Ghost Town Road, Yermo, CA 92398

    $1,250,000
    8.14 AC lot

    8.14 acres of land near the 15 Freeway.

    View details

    Lansing, MI Cannabis Properties Market Trends and Statistics

    Explore 3 cannabis properties for sale in Lansing, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 56,734 square feet of properties for sale, with an estimated market value of $2,823,990.

    Sale prices for weed farms in Lansing, MI start at $399,000, averaging $705,997, and reaching up to $1,250,000 — 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 4
    Horse & equestrian properties 2
    Farms 2

    Demographics Overview

    Population 161K
    Population Growth (5Y) +3.3%
    Median Household Income $58,292
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48906 $592.2K
    48910 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 5.48%
    Property Tax per SF $86.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lansing fall within the 100,000+ square foot range.

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