7933 Mcgregor Rd Wheeler, MI 48662
This exceptional 4,200 square foot mixed-use property in Wheeler Township, Michigan (48662), presents a unique investment opportunity. The property includes a three-bedroom, three-bathroom home, offering comfortable living space. The true potential lies in the established medical marijuana cultivation business already in operation. Two large barns, one measuring 30x80 feet and the other 30x60 feet, house the cultivation operation. The setup includes a dedicated nursery area for seedlings, ample space for mature plants, and the capacity for three to five harvests annually, yielding up to 72 plants per harvest. High-quality equipment is included, featuring 59 Hortilux programmable lamps with controller, four 320-pint Anden dehumidifiers, six 5-ton AC units, three carbon odor filters, a CO2 system, and a sophisticated mixing room with a 0 ppm filtration system and pressure-controlled irrigation. Conveniently located with easy access to major routes, this property seamlessly blends residential comfort with significant commercial potential. The asking price is $349,900. This is a turnkey operation ready for immediate income generation. The property is privately owned and offers a rare combination of residential living and a thriving commercial enterprise. All equipment is included in the sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
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Risks
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