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    1217 Frances Rd Mount Morris, MI 48458

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    For Sale
    Contact for pricing

    0.64 acres, General Commercial Zoning, Cannabis-Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.643-acre commercial land parcel, located at 1217 E Frances Rd, Mount Morris, MI 48458 (APN 17-31-300-010), presents a unique investment opportunity. Zoned GC (General Commercial), this property is ideally suited for a wide range of commercial ventures, particularly those within the cannabis industry. The zoning specifically permits cannabis cultivation, provisioning, processing, secure transportation, and safety/compliance operations. The generous lot size, measuring approximately 80 feet by 350 feet, offers ample space for development. The property's location in Genesee County provides convenient access to major transportation routes and a growing market. Importantly, unlimited facility licenses are available in the nearby Thetford Township, further enhancing the potential for significant returns. The asking price is $24,950, translating to approximately $38,781 per acre. While property taxes were approximately $445.36 in 2019, prospective buyers should independently verify current tax assessments. This is a rare opportunity to acquire strategically zoned land with significant potential in a thriving market. Don't miss out on this chance to secure a prime location for your next commercial endeavor.

    Property Features for 1217 Frances Rd

    General Information

    Property type
    Land
    Lot Size
    28,009 SF

    HighLights

    • Cannabis cultivation, provisioning, and processing permitted; secure transportation and safety compliance zoning.
    • Thetford Township allows unlimited facility licenses.
    • Suitable for both medical and adult‑use cannabis operations.
    • 80' x 350' lot.
    • Approximate 2019 property taxes: $445.36.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Morris
    County
    Genesee
    State
    Michigan
    Longitude
    -83.686498
    Latitude
    43.13498

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    FAQs

    What type of property is this?
    Land - 0.64 acres, General Commercial Zoning, Cannabis-Ready
    Where is this land located?
    The property is located at 1217 Frances Rd Mount Morris, MI.
    What is the asking price?
    The asking price for this property is $24,950.
    What are key features of this property?
    This property features: Cannabis cultivation, provisioning, and processing permitted; secure transportation and safety compliance zoning.; Thetford Township allows unlimited facility licenses.; Suitable for both medical and adult-use cannabis operations.
    (248) 470-5340
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    1217 Frances Rd Mount Morris, MI 48458
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1217 Frances Rd Mount Morris, MI 48458
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