1864 Main St, Owosso, MI 48867
This exceptional 4.95-acre commercial land parcel presents a remarkable development opportunity in Owosso, Michigan. Located at 1864 E Main St (M-21), this property boasts 163 feet of prime frontage along a busy retail corridor, ensuring high visibility and accessibility. The parcel is zoned B-2, allowing for a wide range of commercial uses. Its strategic location within a thriving retail area offers unparalleled advantages. Nearby established businesses include major retailers such as Walmart, Kroger, Home Depot, Aldi, Planet Fitness, Dollar Tree, Maurice's, Aaron's, AutoZone, and a Buick GMC dealership, among many others. This high-traffic area guarantees significant exposure for any new development. The property's size and location make it ideal for a variety of commercial ventures, from retail centers and restaurants to office buildings and other commercial uses. The asking price is $349,000, and the APN is 007-20-200-007. This is a rare opportunity to acquire a substantial piece of commercial real estate in a prime location with significant growth potential. Don't miss out on this chance to build your business in a bustling retail environment. Shiawassee County location, zip code 48867.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.