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    1465 Mcmillan Ave Owosso, MI 48867

    Picture of Industrial land at Mcmillan Ave 1465, Owosso, MI
    For Sale
    $160,000

    Vacant Land - Owosso, MI

    Lot size:
    1.03 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1465 Mcmillan Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Light Industrial
    APN
    05048000000300
    Lot size
    1.03 Acres

    Taxes and HOA fees

    Expense value
    25000
    Expense
    Security Deposit
    Expense freq.
    Once

    Building Details

    Architectural style
    Other

    eXp Realty (888) 501-7085 [email protected]

    Listing agent Joseph Sesi (888) 501-7085

    Listing date Nov 26, 2025

    MLS# 20251056632 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land Ready For Development

    This property features 1.03 acres of industrial-zoned land with a fully approved site plan for an 11,939 sq. ft. industrial/commercial building. Originally designed for a marijuana grow facility, the site is suitable for a broad range of light-industrial uses. Phase I & II environmental reports from 2020 and a geotechnical report have been completed and are available. The gentle grade allows for an optional two-story design. Public utilities are available at the street. The property offers easy access to M-52 and other regional routes. Most due-diligence work has been completed, making the site ready for development. Land contract terms are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.188
    Latitude
    43.0055

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    FAQs

    What type of property is this?
    Industrial land - 1.03 acres of industrial-zoned land with approved site plan.
    Where is this industrial land located?
    The property is located at 1465 Mcmillan Ave Owosso, MI.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Fully approved site plan for an 11,939 sq. ft. industrial/commercial building; - 1.03 acres of industrial-zoned land; - Site is ready for development with most due-diligence work completed
    (888) 501-7085
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    1465 Mcmillan Ave Owosso, MI 48867
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1465 Mcmillan Ave Owosso, MI 48867
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