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Paisley Trees Farm 21736 Bedford Rd N 43,448 SF 100% Leased Industrial Building Battle Creek, MI 49017 $5,464,095 CAD ($125.76 CAD/SF)
Investment Highlights
- Three parcels conveying together — ±101 verified acres plus two additional parcels
- 43,448 SF across two warehouses — residences included in the sale
- Licensed Class C outdoor grow — fenced, developed and irrigated field
- $38,614/acre — below the $45K–$100K developed outdoor grow benchmark
Executive Summary
Paisley Trees Farm - a licensed Class C adult-use outdoor cannabis cultivation property in Bedford Township, Calhoun County, assembled across three parcels: 21736 and 21678 Bedford Rd N plus 154 Wells Dr, conveying together as one farm.
Approximately 101 verified acres at 21736 alone, with the additional two parcels included. The grow field is fenced, developed and irrigated, and improvements total 43,448 SF across two warehouses - a 2021-built 8,448 SF building and a 35,000 SF cultivation and processing building. Residential dwellings on site also convey with the sale, providing housing for ownership, management or seasonal labor.
Frontage on N Bedford Rd (M-37). Zoned AA AGR with cannabis permitted through the township overlay. CRA Class C Grower license AU-G-C-000871 and Establishment license AU-ER-002775. License transfer is subject to Michigan CRA approval.
Offered at $3,900,000 - $38,614 per acre on the verified 101 acres before the two additional parcels are counted, below the $45,000-$100,000 per acre benchmark for developed, fenced and irrigated outdoor grows. Outdoor cultivation carries the lowest production cost in Michigan at roughly $150-$300 per pound versus $600-$900 indoor. At this scale the property is three to thirteen times the acreage of every comparable in the area.
An operating agreement is in place and the current operator can continue running the farm after closing; the agreement is assignable to a successor owner. Contract income, remaining term and operating structure are subject to a confidentiality covenant and are available to qualified purchasers upon execution of a confidentiality agreement, along with seller financial statements, operating expense detail, the itemized equipment and inventory schedule, the full CRA license schedule and combined parcel acreage. No capitalization rate is represented for this property. 2025 property taxes on 21736 were $25,432.
Full Offering Memorandum available. Contact Jeremy Slowinski, Industrial Market Director, at 708-670-2032 or Lane Moser, Senior Broker, at 260-615-9248.
Approximately 101 verified acres at 21736 alone, with the additional two parcels included. The grow field is fenced, developed and irrigated, and improvements total 43,448 SF across two warehouses - a 2021-built 8,448 SF building and a 35,000 SF cultivation and processing building. Residential dwellings on site also convey with the sale, providing housing for ownership, management or seasonal labor.
Frontage on N Bedford Rd (M-37). Zoned AA AGR with cannabis permitted through the township overlay. CRA Class C Grower license AU-G-C-000871 and Establishment license AU-ER-002775. License transfer is subject to Michigan CRA approval.
Offered at $3,900,000 - $38,614 per acre on the verified 101 acres before the two additional parcels are counted, below the $45,000-$100,000 per acre benchmark for developed, fenced and irrigated outdoor grows. Outdoor cultivation carries the lowest production cost in Michigan at roughly $150-$300 per pound versus $600-$900 indoor. At this scale the property is three to thirteen times the acreage of every comparable in the area.
An operating agreement is in place and the current operator can continue running the farm after closing; the agreement is assignable to a successor owner. Contract income, remaining term and operating structure are subject to a confidentiality covenant and are available to qualified purchasers upon execution of a confidentiality agreement, along with seller financial statements, operating expense detail, the itemized equipment and inventory schedule, the full CRA license schedule and combined parcel acreage. No capitalization rate is represented for this property. 2025 property taxes on 21736 were $25,432.
Full Offering Memorandum available. Contact Jeremy Slowinski, Industrial Market Director, at 708-670-2032 or Lane Moser, Senior Broker, at 260-615-9248.
Property Facts
| Price | $5,464,095 CAD | Rentable Building Area | 43,448 SF |
| Price Per SF | $125.76 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2021 |
| Property Type | Industrial |
| Price | $5,464,095 CAD |
| Price Per SF | $125.76 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Rentable Building Area | 43,448 SF |
| No. Stories | 1 |
| Year Built | 2021 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
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Paisley Trees Farm | 21736 Bedford Rd N
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