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    Copas Rd Owosso, MI 48867

    Sponsored
    For Sale
    $750,000

    Prime Agricultural Land, Walmart Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 48-acre parcel presents a significant development opportunity in Owosso, Michigan. Located in Shiawassee County, with an APN of 007-17-300-007-015, this A-2 zoned agricultural land offers unparalleled access and visibility. Situated between Copas Road and M-21, the property enjoys a highly desirable location directly behind major national retailers, including Walmart and Kroger. This strategic positioning provides exceptional potential for synergistic development, leveraging the existing high-traffic retail environment. The large acreage allows for substantial development projects, and its proximity to M-21 ensures convenient access for residents and businesses. The asking price for this prime development land is $750,000. This property is uniquely positioned to attract significant interest from developers seeking a large, accessible parcel in a thriving retail corridor. The potential for combined parcels with neighboring properties further enhances the development potential of this already exceptional site. The property's location offers significant advantages for developers looking to capitalize on the high traffic volume and established retail presence in the area. This is a rare opportunity to acquire a substantial land holding with exceptional visibility and access.

    Property Features for 0 Copas Rd

    General Information

    Property type
    Farms
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.14496846107
    Latitude
    43.003343875712

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    FAQs

    What type of property is this?
    Farm - Prime Agricultural Land, Walmart Proximity
    Where is this farm located?
    The property is located at Copas Rd Owosso, MI.
    What is the asking price?
    The asking price for this property is $750,000.
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    Copas 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
    Copas Rd Owosso, MI 48867
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