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    12504 S 42Nd St Fulton, MI 49052

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    For Sale
    $2,400,000

    Fully operational adult-use greenhouse cultivation facility with expansion potential.

    Property size:
    23,376 SF
    Lot size:
    40.00 Acres

    Property Features for 12504 S 42Nd St

    General Information

    Size
    23,376 SF
    Lot size
    40.00 Acres

    Source: C3 CRE, LLC Agent Corbin Yaldoo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Greenhouse Cultivation Facility

    This is a rare opportunity to acquire a fully operational and turnkey Adult-Use Greenhouse Cultivation Facility, including real estate and licenses, through a Receivership Sale. The property spans over 40 acres and features four greenhouses, a head house facility, an on-site office/residence space, and excess land available for expansion. The facility is currently operating under two Class C Adult-Use Cultivation Licenses, which are renewed through April 2026, providing immediate scalability for an experienced operator or investor. The cultivation infrastructure includes high-capacity Gavita lighting, advanced climate automation, and extensive irrigation and HVAC systems. Security measures, power backup, and odor mitigation systems are in place. The property is located in Southwest Michigan, offering a strong climate and convenient access to US-131, M-66, I-94, and I-69 freeways.
    Location Intelligence

    Current Use by Public Records

    Cannabis farms

    Suggested Use

    Convenience Store Computer & Electronic Repair Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fulton
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.352784
    Latitude
    42.116269

    FAQs

    What type of property is this?
    Cannabis farm - Fully operational adult-use greenhouse cultivation facility with expansion potential.
    Where is this cannabis farm located?
    The property is located at 12504 S 42Nd St Fulton, MI.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Fully operational and turnkey Adult-Use Greenhouse Cultivation Facility including real estate and licenses.; - Includes **two (2) Class C Adult-Use Cultivation Licenses**, renewed through April 2026.; - Substantial scalability potential on 40+ acres with four (4) Greenhouses, Head House, and office/residence space.
    (248) 220-1134
    Request Owner's contact information
    12504 S 42Nd St Fulton, MI 49052
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    Fulton, MI 49052
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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
    12504 S 42Nd St Fulton, MI 49052
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