3792 Crooked Crk Dr Vassar, MI 48768-9126
This exceptional 23,068 sq ft industrial property in Vassar, MI, offers a fully operational, state-of-the-art hybrid greenhouse cultivation facility. The sale includes a Class C license, furniture, fixtures, and equipment (FFE), and 17 acres of land. Four structures comprise the complex: a 6,082 sq ft headhouse and three 5,662 sq ft hybrid greenhouses, each equipped with 122 - 1000w HPS DE lights and rolling benches. The headhouse boasts 1600 amps of 480/277V 3-phase power, along with dry and cure rooms, packaging and water/nutrient rooms, a safe room, trim area, offices, break area, and locker rooms with showers. Each greenhouse also has 480/277V 3-phase power. An additional 14 acres provide ample space for expansion, accommodating more greenhouses, hoop houses, indoor cultivation, or processing buildings. The facility currently produces 170-210 lbs of cannabis flower per month, with significant expansion potential. The property's innovative design incorporates natural sunlight supplemented by an adaptive HPS lighting system, advanced air filtration and conditioning, and a light deprivation system with fully automated environmental controls and fertigation. This established business offers a proven track record and immediate operational capability. Detailed financial information is available upon execution of a non-disclosure agreement. Priced at $2,950,000.
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Nature's Pure Essentials Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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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.