Property profile

1003 ELM ST Tekonsha, MI 49092

OFF-MARKET
Industrial (General)
Property ID
US43-2590101
7,260 SF 1.51 ac lot
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Property summary

AI-generated overview

Located in Tekonsha, Michigan, this cultivation/vegetation and processing facility is sited on a 1.51-acre lot and includes a 7,260-square-foot building. The interior is configured with three fully built-out grow rooms, with design features that support additional expansion. Municipal ordinance parameters for the area allow for outdoor cultivation, including potential use of greenhouses, cultivation pods, or traditional outdoor growing methods. The facility includes professional-grade support infrastructure such as lighting and HVAC systems, along with reverse osmosis water treatment and an Airshield pathogen prevention system. A large engineered septic system is present to provide additional build-out capacity if needed. City/municipal water service and 480V three-phase electrical service with substantial excess capacity are available to support future expansion. The property also includes a security system, monitoring, and compliance-related features.

Property profile

Verified
Property type Industrial (General)
Total area 7,260 SF
Lot 1.51 ac (65,776 SF)
APN 44-027-147-00
UPID US43-2590101

Cap rate & NOI

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

Location

1003 ELM ST Tekonsha, MI 49092
Tekonsha metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
Last sale
$9,250
2 recorded transactions
2020
Price N/A
2016
$9,250
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