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    Krouse Rd Owosso, MI 48867

    Sponsored
    For Sale
    $606,200

    Prime Michigan industrial land, zoned for diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 30.31-acre parcel of land in Owosso, Michigan, presents a significant opportunity for industrial development. Located on Krouse Road in Shiawassee County, zip code 48867, this property is zoned for Light Industrial use and also permits marijuana cultivation. The asking price is $606,200, translating to a competitive $20,000 per acre. All utilities are readily available near the site, simplifying infrastructure development. The seller has already completed plans to subdivide the property into two 5-acre lots, offering flexibility for buyers seeking smaller parcels. This presents a unique opportunity for investors or businesses seeking a strategically located industrial site with potential for immediate development or future expansion. The property's location in Owosso, Michigan, provides access to key transportation routes and a skilled workforce. Detailed site plans for the potential 5-acre subdivisions are available upon request. This is a rare opportunity to acquire a substantial industrial land holding in a thriving Michigan market. Don't miss out on this exceptional investment prospect.

    Property Features for 0 Krouse Rd

    General Information

    Property type
    Land
    Lot Size
    1,320,304 SF

    HighLights

    • 30.31‑acre parcel available.
    • Utilities readily accessible.
    • Zoned for marijuana cultivation and light industrial uses.
    • Divisible into two 5‑acre parcels.
    • $606,200 total price ($20,000 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.2203132
    Latitude
    42.9831729

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    FAQs

    What type of property is this?
    Land - Prime Michigan industrial land, zoned for diverse uses.
    Where is this land located?
    The property is located at Krouse Rd Owosso, MI.
    What is the asking price?
    The asking price for this property is $606,200.
    What are key features of this property?
    This property features: 30.31-acre parcel available.; Utilities readily accessible.; Zoned for marijuana cultivation and light industrial uses.
    Request Owner's contact information
    Krouse Rd 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
    Krouse Rd Owosso, MI 48867
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