Other Agriculture
Active
Licensed Outdoor Farm with Greenhouses & Expansion Potential
Hesperia, Michigan, United States
Asking Price$7m
Revenue-
EBITDA-
Cash Flow-
Description
This 32-acre licensed outdoor cultivation operation features multiple greenhouses, a main production building, and an equipment barn. Holding six licenses and two excess grow permits, it is currently approved for 9,000 plants with prior licensing for up to 15,000, providing regulatory headroom and growth potential. Underutilized greenhouse and flexible indoor space offer opportunities to expand production, while recent capital improvements, including upgraded infrastructure, optimized irrigation, and refined genetics, support high-quality yields and operational efficiency. With a proven production history, turnkey systems, and potential for expansion on adjacent parcels, this operation delivers immediate revenue and long-term strategic value.
Real EstateBuilding Size: 18000 sq. ft.
$7mIncluded in Asking Price
Year Established
2020
Facilities & Assets
The business includes a main production building, two equipped greenhouses, and an equipment barn, totaling 18,000 square feet. It holds six licenses, two excess grow permits, and prior approval for increased plant capacity. Recent improvements to infrastructure, irrigation, and genetics support efficient, high-quality cultivation, with flexible indoor and greenhouse space for expanded production.
Market & Competition
The property is currently used as a licensed outdoor cultivation operation with active plant production in greenhouses and flexible indoor space. Prior use has been consistent with agricultural cultivation and processing, supported by six licenses and two excess grow permits, with prior approval to expand plant capacity up to 15,000, demonstrating a proven history of compliant operations and production efficiency.
Growth Opportunities
The property sits on 32 acres of mostly open land, offering a private, rural setting with easy access to regional roads and markets. Its location provides operational convenience, access to local suppliers, and potential for future expansion.
Financing Options
Seller financing is available.
Related Categories
Asking Price$7m
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