300 Hammontree Dr Morenci, MI 49256
This exceptional industrial property, located at 300 Hammontree Dr, Morenci, MI 49256, offers a unique opportunity for businesses seeking flexible and expansive space. Situated in Lenawee County, this single-tenant facility boasts a substantial footprint ranging from 45,000 to 90,000 square feet, making it suitable for a wide array of industrial operations. The property is classified as a warehouse and distribution center, and its zoning allows for cannabis cultivation and processing, presenting a compelling option for businesses in that sector. The site is part of the Skyline Industrial/Business Park, conveniently located near E. Main Street and Morenci Road. This new construction offers the advantage of modern amenities and efficient design. The property is available for sale or lease, and a build-to-suit option is also available. Complete site plans, permits, and engineering approvals are already in place, streamlining the development process for prospective buyers or tenants. This facility has been designated as a COVID-19 essential business, highlighting its strategic importance and resilience. The property's location in Morenci, Michigan provides access to key transportation routes and a supportive business environment. Interested parties are encouraged to inquire about the various options available for this prime industrial property.
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
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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.