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Property profile

310 Pne Breedsville, MI 49056

OFF-MARKET
Industrial properties
1,947 SF 1 ac lot Built 1919
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Property summary

AI-generated overview

This exceptional 1-acre industrial property in Breedsville, MI, presents a unique investment opportunity. The 1,947 square foot building sits on a one-acre lot, with five acres of cleared land, offering significant expansion potential. The property boasts grandfathered rights for up to ten Class C cultivation licenses, along with permits for processing, retail, and social consumption licenses, making it ideal for cannabis cultivation or related businesses. The existing infrastructure includes 3-phase electrical power with a capacity of up to 1200 amps, ensuring ample power for operations. Two wells are also in place, one with a 10 GPM capacity and another with a 35 GPM capacity, providing a reliable water source. The property features natural tree-line fencing around the perimeter, enhancing security and providing a natural barrier. The remaining acreage requires minimal clearing. Located in the charming village of Breedsville, this property is just 15 minutes from the scenic shores of Lake Michigan, offering convenient access to transportation and amenities. Beyond its potential for cannabis-related uses, the property is also well-suited for traditional agricultural purposes. This versatile property offers a compelling combination of existing infrastructure, grandfathered licenses, and prime location.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 1,947 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

310 Pne Breedsville, MI 49056
Breedsville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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