Operating Mississippi medical cannabis cultivation facility on ONE acre offered at $375,000. Approximately 2,100 SF facility with approximately 800 SF currently utilized for living-soil cultivation. Seller reports Tier I licensing allowing expansion of licensed canopy up to approximately 5,000 SF. Existing commercial grow infrastructure includes lighting, climate-control/HVAC, security and cultivation systems. Active production with demonstrated yield history. Exceptional long-term lease at only $250/year, currently extending through August 2044 with an additional 20-year renewal provision. Approximately 1-acre leased site in Columbia, MS, with a daily traffic count of approximately 1,500 vehicles. Current crop and stored flower excluded from sale. Sale subject to regulatory approval and required landlord consent.
| MLS # | 4162925 |
|---|---|
| Listing Type | For Lease |
| Style | Agriculture |
| Status | Active |
| Year | 2024 |
| Days On Site | 19 |
| Listing Provided By | Coldwell Banker Alfonso Realty-OS-B/O | Kim R Bush |
| SQ Feet | 2,100 |
|---|---|
| Acreage | 1.00 |
| Property | 1477 |
|---|
| State | MS |
|---|---|
| County | Marion |
| City | Columbia |
| Zip Code | 39429 |
| Area | Marion |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $375,000 low | high Med: $226,500 sqft: 2,100 low | high Med: 2,946 $ / sqft: $179 low | high Med: $77 On site: 19 low | high Med: 101 | |
| State | MS |
|---|---|
| County | Marion |
| City | Columbia |
| Zip Code | 39429 |
| Area | Marion |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $375,000 low | high Med: $226,500 sqft: 2,100 low | high Med: 2,946 $ / sqft: $179 low | high Med: $77 On site: 19 low | high Med: 101 | |