Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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