Listing Agency: Woodworth Commercial Okemos

Listed By: Terry Griffes · License #6501427135

Source: Crexi

Added: Jul 21, 2022 Changed: Oct 25 Last Checked: Aug 25 at 9:44AM

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Investment Insights

Based on property information with market context.

This vacant land is located on the corner of M-71 and Gould Street in Owosso, Michigan. The property is situated near an active railroad and industrial corridor. It is located in a Green Zone and is zoned for marijuana use. The property is suitable for residential apartment development.

Key Highlights

• Zoned for Marijuana (Green Zone)
• Located on corner of M‑71 and Gould St
• Suitable for Residential Apartment Development

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Building Supply HVAC Service Home Appliance Store

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

270

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Land - Corner lot near railroad and industrial area, zoned for marijuana.

Where is this land located?

The property is located at 915 Corunna Ave Owosso, MI.

What is the asking price?

The asking price for this property is $99,000.

What are key features of this property?

This property features: Zoned for Marijuana (Green Zone); Located on corner of M‑71 and Gould St; Suitable for Residential Apartment Development