Property profile

727 731 737 Owosso, MI 48867

OFF-MARKET
Industrial properties
2,522 SF 0.75 ac lot Built 1965
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses three parcels totaling 0.75 acres in the heart of Owosso, Michigan. The property boasts 213 feet of frontage on West M-21, ensuring high visibility and accessibility. The main structure is a 2,522 square foot service repair garage, ideal for a variety of industrial or commercial uses. In addition, there is a separate 2,112 square foot building suitable for retail or office space, offering versatility and potential for multiple income streams. A vacant lot is also included, providing ample space for expansion or future development. The property is zoned B-4 General Business, allowing for a wide range of permitted uses. This prime location offers excellent access to major transportation routes and a thriving local economy. The property is being offered at $1,000,000. A land contract is available for qualified buyers. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this unique property presents. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant potential for growth and return on investment. The combination of existing buildings and vacant land provides flexibility for a variety of business ventures.

Property profile

Verified
Property type Industrial properties
Year built 1965
Total area 2,522 SF
Lot 0.75 ac (32,670 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

727 731 737 Owosso, MI 48867
Owosso metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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