Industrial Lab and Manufacturing
419 E Pinconning Rd Pinconning, MI 48650
For Sale
$8,650,000
State-of-the-art industrial facility with lab and manufacturing space, greenhouse operations, and gated security systems.
Property Size134,629 SF
Price / SF$64.25
Days on Market380
Property Features for 419 E Pinconning Rd
General Information
- Standard status
- Active
- Size
- 134,629 SF
- Property subtype
- Industrial
Listing Agency:
Signature Associates - Southfield
(248) 948-0101
Listed By:
Steven G. Gordon · License #6502124167
(248) 948-0101
Source:
Cpix.resimplifi
Added: Jul 9, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:45AM
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 Signature Associates - Southfield
Investment Insights
Based on property information with market context.
This property is a large, state-of-the-art industrial facility designed to support multiple uses, including lab, research, and manufacturing. The campus includes a main building with additional mezzanine area, an A/C lab building, a greenhouse, and miscellaneous additional buildings, all situated on a controlled site.
The property is described as having excellent freeway access and visibility at I-75 and Pinconning Road, with a gated entrance and an advanced security surveillance system. It is currently operating as a grow facility.
As an operating facility with purpose-built components for controlled environment and research or manufacturing workflows, it may be well suited for buyers seeking an industrial campus configuration with existing improvements already in place.
The property is described as having excellent freeway access and visibility at I-75 and Pinconning Road, with a gated entrance and an advanced security surveillance system. It is currently operating as a grow facility.
As an operating facility with purpose-built components for controlled environment and research or manufacturing workflows, it may be well suited for buyers seeking an industrial campus configuration with existing improvements already in place.
Key Highlights
- State‑of‑the‑art industrial facility suitable for lab, research, and manufacturing uses, currently operating as a grow facility
- 49,180 sq. ft. main building plus 12,975 sq. ft. mezzanine
- 44,352 sq. ft. greenhouse
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.03M | $7.64 |
| − Vacancy | −$57.5k | −$0.43 |
| EGI | $971.1k | $7.21 |
| − OpEx | −$291.3k | −$2.16 |
| NOI | $679.7k | $5.05 |
134,629 SF · lease $7.64/SF/yr · vacancy 5.59% · expense 30.00%
Alternative Uses
Best Use
Industrial
$9.71M
$8.50M – $11.33M
NOI $679,748 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$24.37M
$21.33M – $28.43M
NOI $1,706,019 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pincanna Grow Facility
Crop Grower
FAQs
What type of property is this?
Cannabis property - State-of-the-art industrial facility with lab and manufacturing space, greenhouse operations, and gated security systems.
Where is this cannabis property located?
The property is located at 419 E Pinconning Rd Pinconning, MI.
What is the asking price?
The asking price for this property is $8,650,000.
What are key features of this property?
This property features: State‑of‑the‑art industrial facility suitable for lab, research, and manufacturing uses, currently operating as a grow facility; 49,180 sq. ft. main building plus 12,975 sq. ft. mezzanine; 44,352 sq. ft. greenhouse
