1217 E Frances Rd, Mount Morris, MI 48458
For Sale
1 / 5
This exceptional 0.643-acre commercial land parcel, located at 1217 E Frances Rd, Mount Morris, MI 48458 (APN 17-31-300-010), presents a unique investment opportunity. Zoned GC (General Commercial), this property is ideally suited for a wide range of commercial ventures, particularly those within the cannabis industry. The zoning specifically permits cannabis cultivation, provisioning, processing, secure transportation, and safety/compliance operations. The generous lot size, measuring approximately 80 feet by 350 feet, offers ample space for development. The property's location in Genesee County provides convenient access to major transportation routes and a growing market. Importantly, unlimited facility licenses are available in the nearby Thetford Township, further enhancing the potential for significant returns. The asking price is $24,950, translating to approximately $38,781 per acre. While property taxes were approximately $445.36 in 2019, prospective buyers should independently verify current tax assessments. This is a rare opportunity to acquire strategically zoned land with significant potential in a thriving market. Don't miss out on this chance to secure a prime location for your next commercial endeavor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Mount Morris, MIMount Morris. Always verify with local authorities before improvements.
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.