Cannabis Processing Facility with
41900 Executive Dr Harrison Township, MI 48045
41900 Executive Dr, Harrison Township, MI, 48045
$1,299,999
For Sale
$1,299,999
Freestanding adult-use processing building renovated in 2021, zoned light industrial, with included license and 500kW generator.
Property Size11,204 SF
Price / SF$116.03
Days on Market274
Property Features for 41900 Executive Dr
General Information
- Standard status
- Active
- Size
- 11,204 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1978
Listing agency
C3 CRE, LLC
(248) 220-1110
Listed by
Corbin Yaldoo · License #6502431997
(248) 220-1110
Source
Cpix.resimplifi
Added: Oct 21, 2025 Updated: Jul 20 at 9:42PM Checked: Jul 21 at 3:01AM
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 C3 CRE, LLC
Investment Insights
Based on property information with market context.
Operating adult-use processing facility available for sale with the license and real estate included. The freestanding building was renovated in 2021 with extensive improvements, and the site is built around key operating infrastructure for processing, extraction, and packaging. The property also includes a Cummins 500kW generator designed to run the entire building, supported by 277/480V 3-phase power.
The facility is zoned Light Industrial and offers brand exposure with visibility from the I-94 freeway. It is located at 41900 Executive Dr, Harrison Township, MI 48045, in an area described as having a dense residential population and several national tenants in the immediate marketplace.
The facility is zoned Light Industrial and offers brand exposure with visibility from the I-94 freeway. It is located at 41900 Executive Dr, Harrison Township, MI 48045, in an area described as having a dense residential population and several national tenants in the immediate marketplace.
Key Highlights
- Freestanding adult‑use processing facility, renovated in 2021
- Adult‑use license and real estate included with the sale
- Cummins 500kW generator can run the entire building with 277/480V 3‑phase power
Local 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 | $91.4k | $8.16 |
| − Vacancy | −$5.1k | −$0.46 |
| EGI | $86.3k | $7.70 |
| − OpEx | −$25.9k | −$2.31 |
| NOI | $60.4k | $5.39 |
11,204 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$863.0K
$755.2K – $1.01M
NOI $60,413 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.10M
$1.84M – $2.45M
NOI $146,830 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Cannabis property - Freestanding adult-use processing building renovated in 2021, zoned light industrial, with included license and 500kW generator.
Where is this cannabis property located?
The property is located at 41900 Executive Dr Harrison Township, MI.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Freestanding adult‑use processing facility, renovated in 2021; Adult‑use license and real estate included with the sale; Cummins 500kW generator can run the entire building with 277/480V 3‑phase power
