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    19567 L Dr Marshall, MI 49068

    For Sale
    $499,999

    13-Acre Industrial Property, $499,999

    Property size:
    2,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This 2,800 square foot industrial facility in Marshall, MI, presents a unique investment opportunity. Built in 2014, the property sits on 13.06 acres of green-zoned land, currently configured for adult-use and medical cannabis cultivation and processing. The building features a steel roof and double OSB wall construction with R32 insulation for optimal climate control. The interior is divided into three 20'x12' flowering rooms, three 12'x10' vegetative rooms, and an 8'x6' drying room. Each cultivation space is equipped with custom HPS lighting, separate ventilation, and climate control systems, supported by smart reservoirs for automated and manual nutrient dispensing. A secure entry system separates cultivation zones from the garage and storage areas. A large open processing area occupies approximately one-third of the building's footprint, offering ample space for efficient operations. High south-facing windows provide abundant natural light. The property boasts a robust electrical infrastructure, including a 400-amp service and a centrally located 200-amp service. The expansive acreage allows for future expansion, with the potential to add additional buildings and greenhouses under the existing AG (Agriculture) zoning. The land is also suitable for traditional agricultural uses outside the cannabis industry. This turnkey operation offers significant potential for growth and profitability.

    Property Features for 19567 L Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    2,800 SF
    Lot Size
    568,894 SF

    Building Details

    Year Built
    1920
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.91479
    Latitude
    42.33663

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    FAQs

    What type of property is this?
    Industrial property - 13-Acre Industrial Property, $499,999
    Where is this industrial property located?
    The property is located at 19567 L Dr Marshall, MI.
    What is the asking price?
    The asking price for this property is $499,999.
    (248) 220-1110
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    19567 L Dr Marshall, MI 49068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19567 L Dr Marshall, MI 49068
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