Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial land

    1217 E Frances Rd, Mount Morris, MI 48458

    0.64 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-1455089
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.64 ac (28,009 SF)
    Zoning code GC
    APN 17-31-300-010
    UPID US43-1455089
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pro Team Commercial LLC · 4 yrs held
    Pro Team Commercial LLC
    since 2022
    Last sale
    $19,000
    4 recorded transactions
    2022
    $19,000
    2021
    $850
    2017
    2017
    Zoning & alternative use
    GC · Mount Morris, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message