300 Hammontree Dr Morenci, MI 49256
- Warehouses
- 45,000 SF
- 5.64 lot acres
Current Use by Public Records
- Warehouses
Property Details for 300 Hammontree Dr
- Year built
- 2019
- Lot size
- 5.64 lot acres
- Property size
- 45,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents two partially completed industrial buildings situated within the 65-acre Skyline Industrial Park in Morenci, Michigan. The property encompasses 5.64 acres, with 3.43 acres of land available for further development. Currently, there's a 45,000 square foot, single-story steel building on 2.21 acres, offering immediate potential. An additional 45,000 to 90,000 square feet of building space can be constructed on the remaining land. The property benefits from a 30-foot wide ingress-egress easement and is zoned I-2 Skyline Industrial Zoning District, permitting cannabis cultivation and processing. Utilities, including water and electricity provided by Consumers Energy, are readily available on-site. This Class C facility is conveniently located 25 minutes from downtown Adrian and 45 minutes from Toledo, offering excellent access to major transportation routes. The property is municipally licensed and strategically positioned within a thriving cannabis business zone, attracting significant traffic from a wide radius, including areas in Ohio. This presents a unique chance to capitalize on the burgeoning cannabis industry in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morenci
- County
- Lenawee
- State
- Michigan
- Longitude
- -84.2056
- Latitude
- 41.7146
