Property profile

1864 Main St Owosso, MI 48867

OFF-MARKET
Land
4.95 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 4.95 ac (215,622 SF)

Cap rate & NOI

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

Location

1864 Main St Owosso, MI 48867
Owosso metro
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Value estimations

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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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