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Property profile & analytics

8700 Military St Detroit, MI 48204-2900

  • Commercial real estate
  • 0.59 lot acres
OFF-MARKET
Last Sale
Jul 15, 2021
$55,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-4488773
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

  • Commercial real estate

Property Details for 8700 Military St

Lot size
0.59 lot acres
Property type
Commercial real estate
APN
16016104.002
APU
16016104002

Description

This turnkey cannabis cultivation and processing facility in Detroit, Michigan, presents a unique investment opportunity. Priced at $3,500,000, the property encompasses 24,000 square feet on a 1.81-acre lot, situated at 8700 Military St, Detroit, MI 48204. The building, constructed in 1924, is zoned M4 and currently vacant. The facility includes two Class C cultivation licenses and features 22,000 square feet of operational cultivation space, plus an additional 2,000 square feet of white-box space suitable for expansion or processing (permitted under the Special Land Use). The cultivation area boasts six flower rooms equipped with forty-nine double-ended lights each, one large veg/mother/clone room with forty-nine double-ended lights, a dry room, a trim/packaging room, and an office. A fully automated GrowLink irrigation system, including nutrient dosers, dab pumps, two 2000-gallon reserve tanks, and six 500-gallon mix tanks (one per flower/veg room), ensures efficient operation. A GrowLink environmental control system with multiple sensors and water content meters maintains optimal growing conditions. The property benefits from a robust 2000 amp 277/480V electrical service with dedicated panels and surge protectors, and a state-of-the-art 37-camera security system. Its convenient location near I-96 and Downtown Detroit offers excellent access and proximity to a thriving residential community. This established operation presents a compelling opportunity for immediate revenue generation and future expansion.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1372
Latitude
42.3581
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

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
$8,569
$0.00
$0.00
$180,900
-
$0.00
$0.00
$361,800
More about this property
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