Property profile

1750 South St Owosso, MI 48867

OFF-MARKET
Warehouses
32,470 SF Built 1982
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Property summary

AI-generated overview

This Owosso, Michigan industrial property offers 32,470 square feet on 2.88 acres, encompassing a 17,000 square foot cultivation facility with an existing processing tenant. The two-story building, constructed between 1982 and 2011, features a 20-foot ceiling height and is zoned for industrial use. The property boasts significant infrastructure including a dedicated municipal water line, a built-out fertigation system, and ample capacity for future expansion with over 11,000 square feet available. Electrical service is robust at 480V, 800 amps, 3-phase. Safety and security are ensured with an integrated fire and surveillance system. This owner-user investment opportunity is priced at $4,200,000 and presents a unique chance to acquire an established, operating adult-use cannabis facility in Shiawassee County, Michigan. The property's location at 1750 E South St, Owosso, MI 48867 provides excellent access and visibility. The existing processing tenant provides immediate income potential.

Property profile

Verified
Property type Warehouses
Year built 1982
Total area 32,470 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Electric Motor Store

Location

1750 South St 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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