Property summary
This exceptional 35-acre property in Reading, Michigan (zip code 49274) presents a unique investment opportunity. Priced at $999,000, it encompasses a fully operational medical cannabis grow facility, eliminating the lengthy and costly build-out process. The sale includes all necessary inventory for immediate cultivation and processing of cannabis products for wholesale distribution. The existing infrastructure features three grow rooms, a dedicated drying room, a trim room, and a spacious shop with an overhead door. Outdoor growing space is also available. The property is comprised of seven separate parcels, offering flexibility for various uses. Its proximity to several recreational lakes adds to its appeal. The diverse parcel configuration also presents potential for a small-scale rural development project. This turnkey operation allows for rapid revenue generation, making it an attractive investment for those seeking immediate returns. The property's location offers both business and recreational advantages.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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