Cannabis Properties

Luzerne, MI Cannabis Properties for Sale

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Industrial Flex Building with Loading Docks
Updated: Jun 26, 2023
Industrial Flex Building with Loading Docks

2700 Gorton Road, Luzerne, MI 48636

$700,000
25,000 sqft
1000 amp electrical service
20+ bus boxes
208V/480V 3 phase power
More than 3 acres of property
Loading docks, parking lot, and industrial building
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Luzerne, 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.

Freestanding Storefront Retail Property
Freestanding Storefront Retail Property

3772 Wilder Rd, Bay City, MI 48706

$699,000
4,080 sqft

Renovated commercial building with M-1 zoning and flexibility for several retail and service-oriented uses.

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Freestanding Cannabis Retail Building
Freestanding Cannabis Retail Building

3843 N Euclid Ave, Bay City, MI 48706

$749,999
5,650 sqft

Freestanding building with curb cut access and 30 on-site parking spaces, with an included adult-use provisioning license and business.

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Cannabis Cultivation Facility
Cannabis Cultivation Facility

206 E Park Drive, Kalkaska, MI 49646

$725,000
7,316 sqft

Industrial-zoned facility with outdoor grow pods, heavy power, loading access, and included cultivation equipment.

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Cultivation Facility with Class C License
Cultivation Facility with Class C License

312 E Dresden St, Kalkaska, MI 49646

$469,999
0.92 AC lot

Operating adult-use cultivation facility with real estate and Class C license.

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Luzerne, MI Cannabis Properties Market Trends and Statistics

Explore 1 cannabis properties for sale in Luzerne, MI on our real estate platform. These investment opportunities span a total of 25,000 square feet of properties for sale, with an estimated market value of $700,000.

Sale prices for weed farms in Luzerne, MI average $700,000 — 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 1

Demographics Overview

Population 891
Population Growth (5Y) +25.1%
Median Household Income $63,478
College Educated 23.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48636 $445K

Taxes & Financing

Tax Rate (average for all types) 3.41%
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oscoda County

New Delisted

Total CRE Inventory on Market (SF)

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