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Approved Industrial Development Site
For Sale
$160,000

1465 Mcmillan Rd, Owosso, MI 48867

Industrial-zoned land with an approved building plan, completed due diligence, and public utilities available at the street.

Property SizeContact for details
Days on Market283

Property Features for 1465 Mcmillan Rd

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,485
Listing Agency: EXP Realty Main
Listed By: Joseph Sesi · License #6506048975
Source: Exprealty
Added: Nov 26, 2025 Changed: Sep 2 Last Checked: Aug 31 at 7:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty Main

Investment Insights

Based on property information with market context.

This 1.03-acre industrial land parcel includes an approved site plan for an 11,939-square-foot industrial/commercial building. The proposed project was originally configured for a marijuana grow facility, while the source information also identifies suitability for a broad range of light-industrial uses. A gentle grade may support an optional two-story design.

Public utilities are located at the street, and the property provides access to M-52 and regional routes. Completed due diligence includes 2020 Phase I and Phase II environmental reports and a geotechnical report, all available for review. The site plan and completed studies provide a documented starting point for future development.

Key Highlights

  • 1.03 acres of industrial‑zoned land
  • Approved site plan for an 11,939 sq. ft. industrial/commercial building
  • 2020 Phase I and Phase II environmental reports completed and available

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 48867, MI

27,596
Population
12,660
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
136.0 sq mi
ZIP Area
203
Density / Sq Mi
$58,718
Median Household Income
$37,908
Median Earnings
$834
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned land with an approved building plan, completed due diligence, and public utilities available at the street.
Where is this industrial land located?
The property is located at 1465 Mcmillan Rd 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: 1.03 acres of industrial‑zoned land; Approved site plan for an 11,939 sq. ft. industrial/commercial building; 2020 Phase I and Phase II environmental reports completed and available
More about this property
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