Morenci Cannabis Business Zone
For Sale
Contact for pricing
300 Hammontree Dr, Morenci, MI 49256
Land in established cannabis business zone near Ohio border.
Property SizeContact for details
Days on Market1158
Property Features for 300 Hammontree Dr
General Information
Standard status
Active
Class
C
Property subtype
Industrial
Zoning
I-2 General Industrial
Building Details
Year Built
2019
Stories
1
Listing Agency:
NAI Farbman
(248) 351-4384
Listed By:
Gavin Mills · License #MI 6501397648
Source:
Crexi
Added: Jun 21, 2023
Changed: Aug 8
Last Checked: Aug 19 at 10:06PM
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 NAI Farbman
Investment Insights
Based on property information with market context.
Located in the city of Morenci, this property resides within the 65-acre Skyline Industrial/Business Park. The city, situated on the southwestern border of Lenawee County on M-156, is approximately 1 hour and 40 minutes from Metro Detroit. Sharing a southern boundary with Ohio, the city is positioned as the southernmost city on Michigan’s border with Ohio, Indiana, and Illinois. The area, once dominated by agriculture, has transformed into a frontier town experiencing increased traffic. Since the passing of medical marijuana laws in 2016/2017, the city has attracted individuals from various directions: 30 miles north along W. Mulberry Rd., 30 miles east along Fay Highway, 30 miles west along Sims Highway, and even 200 miles south from the Ohio-Michigan border. The property benefits from good access to E. Main Street. Currently, there are two partially completed cannabis facilities in the park in addition to this offering. The property is located in the Cannabis Business Zone.
Key Highlights
- Located in Morenci's Cannabis Business Zone, a frontier town experiencing unprecedented traffic.
- Situated within the 65‑acre Skyline Industrial/Business Park.
- Positioned in the southernmost city on Michigan’s border with Ohio, Indiana, and Illinois.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 49256, MI
3,909
Population
1,608
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
60.5 sq mi
ZIP Area
65
Density / Sq Mi
$60,982
Median Household Income
$32,056
Median Earnings
$778
Median Rent
$112,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Land in established cannabis business zone near Ohio border.
Where is this cannabis property located?
The property is located at 300 Hammontree Dr Morenci, MI.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Located in Morenci's Cannabis Business Zone, a frontier town experiencing unprecedented traffic.; Situated within the 65‑acre Skyline Industrial/Business Park.; Positioned in the southernmost city on Michigan’s border with Ohio, Indiana, and Illinois.
