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    OFF-MARKET
    Land

    0 Krouse Rd, Owosso, MI 48867

    30.31 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 30.31 ac (1,320,304 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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