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Scholl & Satterly Lake Rd

114.6 Acres of Commercial Land Offered at $799,888 in Mancelona, MI 49659

Investment Highlights

  • Municipal Licensed Outdoor Grow Available for Sale. Class C grow license is attached with unlimited licensed stacking permitted.
  • The property is 114.60 acres of mostly flat land, with about 6 acres of trees, ready to be tilled.
  • A great value add is the tree lines around the edges provide natural fencing.
  • Additionally, the township will approve all other license types to add to the site: provisioning center, processing, indoor grow, etc.
  • Rare opportunity for an outdoor grow site of this size in the state of Michigan.
  • Being located in the 45th Parallel North, allows well over 100 days of harvest in this climate.

Executive Summary

Municipal Licensed Outdoor Grow Available for Sale. Class C grow license is attached with unlimited licensed stacking permitted.
Additionally, the township will approve all other license types to add to the site: provisioning center, processing, indoor grow, etc.
The property is 114.60 acres of mostly flat land, with about 6 acres of trees, ready to be tilled. Rare opportunity for an outdoor grow site of this size in the state of Michigan.
A great value add is the tree lines around the edges provide natural fencing.
Being located in the 45th Parallel North, allows well over 100 days of harvest in this climate.
Single phase electrical power is currently on site with the ability to upgrade through consumers energy. Cost TBD on load factor of operation.
Well and septic will be required, but inexpensive.
Great site located right off M-66 with easy access to Us-131 freeway.
Being located in the 45th Parallel North, allows well over 100 days of harvest in this climate.
Single phase electrical power is currently on site with the ability to upgrade through consumers energy. Cost TBD on load factor of operation.
Well and septic will be required, but inexpensive.
Great site located right off M-66 with easy access to US-131 freeway.

Property Facts

Price $799,888
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 114.60 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $799,888
Price Per AC $6,980
Lot Size 114.60 AC

The property is 114.60 Acres of mostly flat land, with about 6 acres of trees.

Description

114.60 acres of farmland located in Mancelona, Michigan

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-11-109-016-30
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$36,000

zoning

Zoning Code AG
AG
  • Listing ID: 24959689

  • Date on Market: 2/1/2022

  • Last Updated:

  • Address: Scholl & Satterly Lake Rd, Mancelona, MI 49659

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