CPIX Blog

Bricks + Mortar Group Sells Fulton Cultivation Property Vacant Land Sold to Become Marijuana Grow

Waterford, MI:Bricks + Mortar Group, a Michigan female-owned and operated real estate company, specializing in property zoned for marijuana use, is excited to announce their latest sale. Bricks + Mortar Group sold the Fulton agricultural land, with the sale price of $450,000, on February 24th. Stephanie Goodman of Bricks + Mortar Group represented the seller.

The property sold includes a house and pole barn, sitting on over 35 acres of cleared farmland. The total interior square footage is 3,200. It is located on South 42nd Street, in rural Fulton, Michigan. The property is in a quiet, private area, and the farmland is set back far from the road.

After Michigan’s recent decision to allow both medical and recreational marijuana businesses, the demand is rising for city-approved property on which to place the facilities. Many municipalities are approving new marijuana business applications, as the tax revenue can be highly beneficial to the city.

About Bricks + Mortar Group: Founded in 2015, Bricks + Mortar Group began with a focus on investment real estate and business brokerage. The company was rebranded in 2017 to focus exclusively on the cannabis industry, and has become a widely known industry leader in cannabis real estate and aggregation of related data. The robust team of experts at BMG are able to provide everything from brokers price opinion reports, business valuations, investment advice, ordinance reviews, and more. The company has quickly established themselves as the top marijuana real estate brokerage in Michigan.
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