51143 Pontiac Trl Wixom, MI 48393-2042
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Precise Tool & Cutter Industrial Manufacturer
marihuana, is permitted as a home occupation in the R-1, R-2, R-3, and R-4 Districts in compliance with the MMMA and the following: a. Medical marihuana for registered qualifying patients or the use of recreational marihuana by an individual twenty-one years or older. Registered qualifying patients, or visiting qualified patients, and individuals twenty-one…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
R-2 · Wixom, MImarihuana, is permitted as a home occupation in the R-1, R-2, R-3, and R-4 Districts in compliance with the MMMA and the following: a. Medical marihuana for registered qualifying patients or the use of recreational marihuana by an individual twenty-one years or older. Registered qualifying patients, or visiting qualified patients, and individuals twenty-one years or older, may use, possess, cultivate, and store medical marihuana as provided in the MMMA, as amended, and recreational marihuana as provided in the Michigan Regulation and Taxation of Marihuana Act (MRTMA), MCL 333.27952, et seq., as amended, and as further regulated herein. (1) A registered qualifying patient (medical marihuana) and individuals twenty-one years of age or older (recreational marihuana): i. May use, possess, cultivate and store marihuana in their principle residence within the city for personal use only, and shall comply at all times and in all circumstances with the MMM or the MRTMA, as applicable, and the general rules of the Michigan Community Health or the Michigan Department of Licensing and Regulatory Affairs, as they may be amended from time to time. ii. May only cultivate marihuana for him/herself in compliance with the MMMA or the MRTMA, as applicable, on property zoned R-1, R-2, R-3, or R-4, in an enclosed locked facility, inaccessible on all sides and equipped with locks or other security devices that permit access only by the registered qualifying patient and the individual twenty-one years or older residing in the home. iii. All necessary building, electrical, plumbing, and mechanical permits shall be obtained for any alterations or any portion of the structure in support of or in association with the cultivation of marihuana. iv. The storage of any chemicals, such as herbicides, pesticides, and fertilizers shall be subject to inspection and approval by the City of Wixom Building Department. v. The separation of a plant resin from a marihuana plant by butane extraction or any other method that utilizes a substance with a flash point below one hundred degrees Fahrenheit, in any public place, a motor vehicle, inside a residential structure, or the curtilage of a residential structure is prohibited. vi. If a room with windows is utilized as a marihuana cultivation location, any lighting methods that exceed usual residential levels between the hours of eleven p.m. and six a.m.
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.