tomo logo

$349,900

Beds
3
Baths
3.0
sq ft
1,248

7933 E McGregor Rd, Wheeler, MI 48662

7933 E McGregor Rd

WheelerTownship_Gratiot, MI 48662

    Unique Property With Exceptional Business Potential! *** Seize This Incredible Opportunity!*** Discover a unique 3-bedroom, 3-bathroom home that comes with a great opportunity to have a thriving Medical Cultivation business! while the house itself is charming, the true value lies in the included business opportunity and state-of-the-art equipment. Property Features: 3 spacious bedrooms,3 modern bathrooms, A cozy and inviting living space. Business Opportunity: A fully equipped medical marijuana growing operation. Two large barns Barn 1 ** 30 X 80 Barn 2 ** 30 X 60 -A medical nursery area for nurturing small plants and a some spacious common areas, caring for mature plants until harvest. - Capability for 3-5 harvests annually, with each harvest supporting up to 72 Plants A 59 Hortilux programable lamps with their controller, 4 dehumidifiers of 320 pints brand Anden, 6, 5-tons AC units, 3 carbon odor filters, C02 system, Mixing room: Filtering system with softener and cartridge filter at 0 ppm, Irrigation system with press control. Conveniently located with easy access to major routes, this property offers a unique blend of residential comfort and commercial opportunity. Don't let this exceptional opportunity pass you by! Schedule a viewing today and explore the endless possibilities that await you.

    Details

    Property type

    Single Family Residence

    Est. home value

    $551,705

    Lot size

    1.57 acres

    Price per sq ft

    $281

    Year built

    1900

    Annual property taxes

    $1,148

    HOA

    No

    Price History

    01/17/2025
    Realcomp

    Realcomp #20250002788

    Listed
    $349,900
    01/02/2025
    Realcomp

    Realcomp #20240046909

    Removed
    $349,900
    10/05/2024
    Realcomp

    Realcomp #20240046909

    Price change
    $349,900
    -7.9%

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    Breckenridge

    Negotiation Insights

    Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

    Seller could get up to

    $271,639
    Asking price
    $349,900
    Closing costs (~8% of asking)
    -$27,992
    Est. remaining loan balance
    -$50,269
    Cash to seller
    $271,639

    This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

    Seller’s Loan History

    Lender

    Mers

    Loan start date

    June 2007

    Original loan amount

    $80,000

    Est. remaining balance

    $50,269

    Interest rate

    6.16%

    Loan type

    Not Provided, 30 year

    Seller

    Thomas E Hurst and Jeri L Hurst

    Source: Public records data

    If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

    How insights can help you

    Interest rate

    If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

    Motivation

    If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

    Equity

    If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

    Interested in learning more?

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    Tomo last checked: 04/05/2025 at 5:35 AM

    Listing updated: 03/25/2025 at 9:16 AM

    Listed by: Elena Companioni, American Associates Inc Phone #: (810) 694-3333

    MLS: Realcomp #20250002788

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