5852 County Line Rd - Specialty FOR SALE


Coleman, MI 48618
$399,000 USD
586-327-8033
5852 County Line Rd, Coleman, MI for Sale
$399,000 USD
Specialty - FOR SALE
1/20
null | Request Cap Rate

5852 County Line Rd
Coleman, MI 48618


OVERVIEW

20.02± Acre Licensed Cannabis Cultivation Campus | Real Estate + Licenses 5852 North West County Line Road presents a rare opportunity to acquire a fully built-out cannabis cultivation campus with substantial infrastructure, acreage, and municipal approvals in place. Recently appraised at $1,000,000, the property is offered at a significant discount and includes real estate and associated licensing approvals. FF&E is not included in the sale and may be negotiated separately. The 20.02± acre site consists of five separate parcels and features approximately 8,560 SF of indoor cultivation space across three primary buildings, along with a single-family residence utilized for office, employee support, and drying/curing functions. Outdoor cultivation infrastructure includes approximately 5 fenced and irrigated acres with established drip systems and trellis setup, plus two approximately 3,000 SF light-deprivation greenhouses for seasonal production. The property is power and climate ready with 1,600-amp electrical service, three-phase power availability, HVAC systems with integrated dehumidification, spray-foam insulation envelope, fertigation systems, CO2 infrastructure, and comprehensive security including 50+ camera coverage and access control. Existing cultivation improvements provide a strong foundation for an operator to install equipment and begin operations efficiently. Licensing includes approvals for two Class C Adult-Use Grow licenses and one Class C Adult-Use Processing license, with municipal authorization in place. The campus layout supports scalable indoor and light-deprivation cultivation cycles depending on operator preference and business model. Beyond cannabis operations, the property offers significant long-term flexibility. The five-parcel configuration provides potential for future parcel splits (subject to municipal approval), alternative commercial uses, storage applications, or land banking. The large pole buildings and security infrastructure may also lend themselves to contractor storage, equipment storage, RV or boat storage, or other rural commercial uses where permitted. Strategically located with convenient access to US-10 and US-127, the property is approximately 8 minutes from downtown Coleman and 20 minutes from downtown Midland. The Midland MSA is supported by a diverse industrial base anchored by Dow, DuPont, Corteva, MyMichigan Health, and advanced manufacturing employers. Proximity to Lake Sanford—currently undergoing dam restoration—provides long-term recreational and development upside as the lake is restored. This offering represents a unique opportunity to acquire a large-scale rural asset with existing infrastructure, licensing approvals, multiple future-use pathways, and long-term land control in a stable regional market.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Municipality-Approved Grow Facility 20+ Acres

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Self Storage, Winery/Vineyard, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.91 AC

LAND SF

170,121 SF

ZONING

G

APN/PARCEL ID

010-031-300-004-06

ASK ABOUT THIS PROPERTY

Brock BeanTDG CommercialMore Info
586-327-8033

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Brock BeanTDG CommercialMore Info
586-327-8033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.