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For Sale

Mancelona Township - Agricultural/Cannabis/Land Development Opportunity

NEC Scholl & Satterly Lake Roads,
Mancelona, MI 49659

Asset Snapshot

114.60 Acres
Land Area

Offering Summary

  • Prime agricultural flat land available for sale/lease, ready to be tilled; just off M-66 with convenient access to the US-131 freeway.
  • This property is currently unzoned, offering strong flexibility for a variety of other potential agricultural or land development uses.
  • Located in an Opportunity Zone, this site presents strong development and investment upside with the potential for long-term value growth.
  • 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.
  • A cannabis Class C Cultivation license is attached to the site for outdoor Cultivation - unlimited licensed stacking permitted and a rarity of this size.
  • Being located on the 45th Parallel North, allows for well over 100 days of harvest in this climate.
  • Additionally, the Township will approve all other cannabis license types to add to the site: Retailer, Processing, and indoor Cultivation.

Due Diligence

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Accepting Offers
$799,888
Asking Price

Debt Placement Broker

Corbin Yaldoo
C3 CRE, LLC
MI License: 6502431997