This 114.6-acre parcel in Mancelona Township represents a versatile investment opportunity for agricultural, cannabis, and mixed land development. The property is currently unzoned, enabling flexibility for diverse land use strategies, including cultivation, commercial greenhouse development, and ancillary uses. It is strategically positioned near M-66 with convenient connectivity to US-131, providing access to northern Michigan markets and transportation corridors.
Available within an Opportunity Zone, this asset presents potential tax advantages for investors pursuing long-term value creation. A cannabis Class C outdoor cultivation license is included with the site, allowing unlimited licensed stacking—an uncommon feature for properties of this scale, significantly increasing its operational appeal. The property is served by single-phase electric power, with upgrade options available through Consumers Energy. Well and septic installations will be required, though cost-effective.
With infrastructure readiness, favorable zoning flexibility, and municipal support for additional cannabis licensing, this property offers an exceptional platform for agricultural innovation or cannabis-centered investment strategies in a growing Northern Michigan market.