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Property profile & analytics

18 Enterprise Dr Vassar, MI 48768

  • Commercial real estate
  • 1.75 lot acres
For Sale
Last Sale
Apr 30, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-2145463
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Sealin' Hatch LLC / Insulation Contractor
  • Motor City Oasis - MCO / Cannabis Store

Property Details for 18 Enterprise Dr

Lot size
1.75 lot acres
Property type
Commercial real estate
APN
051-500-610-0100-00
APU
51500610010000

Description

This exceptional turnkey cannabis business opportunity in Vassar, MI, presents a rare chance to acquire a thriving, established dispensary and cultivation facility. The 5,200 square foot, Class A building, constructed in 2000 and extensively renovated in 2022, sits on a 1.74-acre lot (APN: 051500610010000) and boasts a 16-foot ceiling height. The single-unit property, operating at 100% occupancy, features a fully equipped cultivation area with six rooms (clone, dry, veg, three flowering, and lab). The property includes all fixtures, furniture, and equipment (FF&E). Its prime location along a major highway in Tuscola County provides excellent visibility with a prominent monument sign. The business enjoys a strong market position as one of only five operating dispensaries in the immediate area, serving a dense residential population and benefiting from proximity to national tenants. The property offers two access points and ample parking, allowing for potential expansion. Financial records demonstrate consistent monthly sales growth. This is a unique opportunity to acquire a profitable, established business with significant growth potential. The asking price is $995,000 ($191.35/sq ft). Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Vassar
County
Tuscola
State
Michigan
Longitude
-83.563
Latitude
43.3681

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$2,684
$0.00
$0.00
$119,400
-
$0.00
$0.00
$238,800
More about this property
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