Cannabis Cultivation Facility with Indoor
For Sale
Contact for pricing
1711 BANNER RD, Saginaw, MI 48601
Fenced outdoor cultivation on 16 acres plus a nearly ready 6,500-sq-ft indoor grow.
Property Size17,921 SF
Lot Size16.00 Acres
Price / SF$27.90
Days on Market137
Property Features for 1711 BANNER RD
General Information
Standard status
Active
Size
17,921 SF
Lot size
16.00 Acres
Property subtype
Industrial
Zoning
Industrial
Additional Details
Fenced Yard
Yes
Building Details
Year Renovated
2020
Buildings
1
Units
1
Listing Agency:
Michigan Cannabis Properties
Listed By:
Elijah Simkins · License #MI
Source:
Crexi
Added: Apr 28
Changed: Sep 7
Last Checked: Sep 11 at 7:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michigan Cannabis Properties
Investment Insights
Based on property information with market context.
This property includes a fenced cannabis cultivation setup with an outdoor grow area and an indoor grow space. The outdoor portion has been operated in the past and previously utilized approximately 11 of the 16 acres, supporting total plant counts in the range of 6,000 to 8,000. The outdoor facility was fully state licensed, with the premises fenced in and under surveillance.
The indoor component is approximately 6,500 square feet and is nearly ready to operate, described as needing only a couple of finishing touches and lights to begin its first crop.
Key improvements will be required before full operation. The land needs a new septic field, estimated at approximately $75,000, and the local municipality is willing to work with the new owner on timing so it does not appear to hinder crop this season. The owner is flexible on terms, considering sale (cash or seller financing) or a long-term lease to the right operator. The property is located at 1711 BANNER RD, SAGINAW, MI.
The indoor component is approximately 6,500 square feet and is nearly ready to operate, described as needing only a couple of finishing touches and lights to begin its first crop.
Key improvements will be required before full operation. The land needs a new septic field, estimated at approximately $75,000, and the local municipality is willing to work with the new owner on timing so it does not appear to hinder crop this season. The owner is flexible on terms, considering sale (cash or seller financing) or a long-term lease to the right operator. The property is located at 1711 BANNER RD, SAGINAW, MI.
Key Highlights
- 16‑acre outdoor cultivation fenced and under surveillance; previously operated using about 11 acres
- Outdoor grow previously supported 6,000–8,000 total plants under prior state‑licensed operations
- Nearly ready indoor grow with approximately 6,500 sq ft; only a couple finishing touches needed to start first crop
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 48601, MI
32,165
Population
16,220
Households
2
Avg Household Size
39
Median Age
8%
College-Educated
86%
High-School Grad
104.3 sq mi
ZIP Area
308
Density / Sq Mi
$37,830
Median Household Income
$27,218
Median Earnings
$836
Median Rent
$54,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Cannabis property - Fenced outdoor cultivation on 16 acres plus a nearly ready 6,500-sq-ft indoor grow.
Where is this cannabis property located?
The property is located at 1711 BANNER RD Saginaw, MI.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 16‑acre outdoor cultivation fenced and under surveillance; previously operated using about 11 acres; Outdoor grow previously supported 6,000–8,000 total plants under prior state‑licensed operations; Nearly ready indoor grow with approximately 6,500 sq ft; only a couple finishing touches needed to start first crop
