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    701 S Chestnut St Owosso, MI 48867

    For Lease
    $12 SF/Yr ($1,250 /Mo)

    Proposed new 1,250 SF garage unit for rent.

    Property size:
    1,250 SF
    Lot size:
    3.32 Acres

    Property Features for 701 S Chestnut St

    General Information

    Size
    1,250 SF
    Lot size
    3.32 Acres

    Source: Woodworth Commercial LLC Agent Randy Woodworth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Build Garage Unit

    A new build garage unit is proposed for future construction. The unit will offer 1,250 square feet of open garage space. It will be heated and include bathrooms and overhead doors. The shop-style space is suitable for various trades seeking a location for meetings, work, and storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Open Door Baptist ... Baptist Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.196417
    Latitude
    42.990716

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    FAQs

    What type of property is this?
    Flex space - Proposed new 1,250 SF garage unit for rent.
    Where is this flex space located?
    The property is located at 701 S Chestnut St Owosso, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - 1,250 SF open garage space suitable for various trades; - New build construction; - Heated unit
    (989) 277-2815
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    701 S Chestnut St Owosso, MI 48867
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    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
    701 S Chestnut St Owosso, MI 48867
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