For Sale
$1,550,000

930 Wellman Dr Brookhaven, MS 39601

Profitable Greenhouse Operation, 9,520 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
132
This turnkey medical cannabis cultivation facility in Brookhaven, Mississippi, presents a unique investment opportunity. The property encompasses 1.25 acres with a 0.75-acre easement, featuring five buildings totaling 9,520 square feet of cultivation space. The main greenhouse measures 72x110 feet (7,920 sq ft), complemented by a nursery, trim and drying building, worker housing (unfinished), and storage building. The property boasts state-of-the-art equipment valued at $535,000, including grow tables and lights. Built in 2022 and renovated in 2023, this facility is currently 100% occupied and operational, with an ideal growing season from September to May. The unique design allows for year-round production potential by cultivating AC/DC hemp during the summer months. The asking price is $1,550,000, representing a significant value considering the building value of $1 million and the high demand for cannabis cultivation facilities in Mississippi, especially given the limited number of licenses available. This is one of only three licensed greenhouse operations in the state, with the state unlikely to issue further licenses for similarly designed facilities. The property's address is 930 Wellman Dr SE, Brookhaven, MS 39601, with APN 96-3-07-017. The sale is a fee simple ownership.

Highlights

  • 1.25-acre turnkey medical cannabis cultivation facility in Brookhaven, MS, with a 0.75-acre easement.
  • 9,520 SF of cultivation space in five buildings, including a 7,920 SF main greenhouse.
  • State-of-the-art equipment valued at $535,000 included.
  • Built in 2022, renovated in 2023, currently 100% occupied and operational.
  • $1,550,000 asking price; building value estimated at $1,000,000. Potential to acquire up to 3.5 acres.

Property Details for 930 Wellman Dr

Property type
Commercial real estate
Square Feet
9,520 SF
Year Built/Renovated
2022/2023
Buildings
5
Stories
1
Lot Size (sq. ft)
54,450 SF
Units
5

Location Insight

City
Brookhaven
County
Lincoln
State
Mississippi
Latitude
31.4994695
Longitude
-90.3404064

FAQs

What type of property is this?
Commercial real estate - Profitable Greenhouse Operation, 9,520 sq ft
Where is the commercial real estate located?
The property is located at 930 Wellman Dr Brookhaven, MS.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 1.25-acre turnkey medical cannabis cultivation facility in Brookhaven, MS, with a 0.75-acre easement.; 9,520 SF of cultivation space in five buildings, including a 7,920 SF main greenhouse.; State-of-the-art equipment valued at $535,000 included.
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930 Wellman Dr
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