0 0001, Morenci, MI 49256
This turnkey marijuana cultivation operation in Morenci, Michigan, presents a lucrative investment opportunity. The business occupies a 12,000-square-foot leased facility featuring eight growing rooms. Currently generating $1.3 million to $1.6 million in annual revenue with a net cash flow of $500,000, this established operation boasts a strong track record. Monthly rent is $20,000. The business employs ten individuals, indicating a well-structured and efficient operation. Financial details, including EBITDA, FF&E, and inventory, are not currently available. The asking price for this profitable venture is $1,700,000. The lease expiration date is not specified. This is a rare chance to acquire a fully operational and profitable cannabis cultivation business with significant growth potential. Located in Morenci, Lenawee County, Michigan (zip code 49256), this property offers a strategic location within the state's thriving cannabis industry. Serious inquiries only. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.