22695 J Dr, Marshall, MI 49068
This exceptional 522,530-square-foot Class A greenhouse facility is available for sale in Marshall, Michigan. Situated on a sprawling 60-acre parcel, this property presents a unique investment opportunity. Built in 2014 and extensively renovated in 2023, the facility boasts state-of-the-art technology, including HortiMaX irrigation, climate control, and UV water recycling systems. Heating is provided by two hot water boiler systems and a substantial 3.5 million-liter hot water storage tank. Beyond the main greenhouse, the property includes a 17,000-square-foot warehouse and a 1,700-square-foot office building. On-site housing is available for up to fifteen people, offering a turnkey operation. The property's current condition reflects a Class A standard of property management, with significant capital upgrades completed below replacement cost. The expansive lot allows for significant future expansion of the greenhouse, offering substantial growth potential. This is a rare opportunity to acquire a large-scale, high-tech greenhouse operation in a prime agricultural location. The property is currently vacant and ready for immediate occupancy. All systems are in place for a seamless transition to new ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.