Turnkey Industrial Cultivation
5028 Page Ave, Jackson, MI 49201
6,080 sq ft industrial building with cultivation suite.
Type:Industrial
Property size:
6,080 SFPrice / SF:
$114/SF- Added:
- Mar 12, 2026
- Days on Market:
- 117
- Last Refresh:
- Mar 19 at 10:53 pm
Property Features for 5028 Page Ave
General Information
- Standard status
- Active
- Size
- 6,080 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1989
Listing office EXIT Realty 1st - Jackson
Listing date Mar 12, 2026
Source Crexi
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 EXIT Realty 1st - Jackson
HighLights
- Turnkey Medical‑Grade Cannabis Cultivation Suite: Licensed and ready for operation.
- High‑Performance Cultivation Environment: State‑of‑the‑art design for precision cultivation.
- Advanced Climate Control System: Features multiple AC/Heater units, dehumidifiers, and high‑velocity fans.
- Professional Lighting System: Includes over 100 LED lights with phone‑controlled automation.
- Complete Water & Filtration System: Benefit from a high‑capacity Reverse Osmosis and DAB water machine.
- Harvest‑Ready Equipment: Comes with a Twister T4 trim machine and drying racks.
Overview
This M-Heavy Industrial building offers a 6,080 sq. ft. turnkey operation suitable for traditional industrial users and cannabis cultivation. It features a medical-grade cultivation suite and is licensed caretaker ready. The facility is designed for precision cultivation, featuring 12 ft. to 14 ft. ceilings, and steel stud construction throughout. It includes 4 grow rooms. Climate control is managed by 6-ton, 5-ton, and three 10-ton AC/Heater units, along with multiple Quest 250 dehumidifiers and high-velocity fans. The lighting system features over 100 LED lights, including 1150-watt units, with Troll Master phone-controlled automation. Water and filtration are handled by a high-capacity Reverse Osmosis system, 250-gallon cone bottom tanks, and a DAB water machine (300 GPM). The property is harvest ready, including a Twister T4 trim machine, multiple flood tables, and extensive drying racks. Power and security features include 3-phase 200 amp service and an Arlo system.
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 | $67.1k | $11.04 |
| − Vacancy | −$6.8k | −$1.12 |
| EGI | $60.3k | $9.92 |
| − OpEx | −$18.1k | −$2.98 |
| NOI | $42.2k | $6.95 |
6,080 SF · lease $11.04/SF/yr · vacancy 10.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$603.4K
$528.0K – $704.0K
NOI $42,241 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$970.6K
$849.3K – $1.13M
NOI $67,940 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Cannabis Properties
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.308722
- Latitude
- 42.233798
Nearby Similar for Sale
FAQs
What type of property is this?
Cannabis property - 6,080 sq ft industrial building with cultivation suite.
Where is this cannabis property located?
The property is located at 5028 Page Ave Jackson, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Turnkey Medical‑Grade Cannabis Cultivation Suite: Licensed and ready for operation.; High‑Performance Cultivation Environment: State‑of‑the‑art design for precision cultivation.; Advanced Climate Control System: Features multiple AC/Heater units, dehumidifiers, and high‑velocity fans.
